FOR SALE
UNDER OFFER

55/35 Alfred Street
Mackay QLD 4740

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Incredible Income Potential

An extraordinary opportunity has surfaced for savvy investors or discerning homeowners eyeing a residence in the heart of Mackay's Central Business District. Here, amidst the vibrant pulse of our charming city, stands an exceptional two-bedroom Dual Key apartment, Unit 55, nestled on the fifth floor of the well-situated Oaks Carlyle Suites.
This refined dwelling introduces a unique twist with its Dual Key setup, opening avenues for a diverse income stream. Step inside 55A to discover an elegant open-concept layout seamlessly merging the kitchen, dining, and family room, all flowing out to a spacious balcony boasting panoramic views of the city's enchanting lights. Thoughtfully furnished with contemporary flair, the unit exudes sophistication. The kitchen impresses with ample storage, stainless steel appliances, and a handy laundry area.
Unit 55B expands the offerings with a stylish studio design, boasting its own sleek modern kitchenette and a private balcony. This chic space invites comfort and functionality, perfect for those seeking a compact yet sophisticated living arrangement. Whether you're a busy professional, a student, or a discerning traveller, this studio presents a sanctuary where convenience meets contemporary elegance.
Residents are treated to a wealth of amenities within the complex, including an in-house gym, resort-style pool, BBQ and entertaining area, secure parking with allocated undercover spaces, and individual storage units for each residence. Plus, the property's prime location offers easy access to shops, restaurants, and an array of conveniences within Mackay's CBD, elevating its desirability. Its proximity to schools further enhances its appeal.
Unit 55 presents an excellent addition to any astute investor's portfolio, with multiple rental possibilities awaiting exploration. Maintain the existing high-yield, long-term rental arrangement or opt for inclusion in the high-occupancy rental pool managed by the Oaks group. Alternatively, for those seeking an inner-city lifestyle, consider residing in one unit while renting out the other. The opportunities are boundless, rendering this property an enticing prospect for various investment strategies and lifestyles alike.
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Property Details for 55/35 Alfred St, Mackay

55/35 Alfred St, Mackay is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Explore Property Mackay.

Building Type
Apartment

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About Mackay 4740

The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2011 was 4,070 people. By 2016 the population was 3,642 showing a population decline of 10.5% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mackay work in a professional occupation. In 2011, 31.8% of the homes in Mackay were owner-occupied compared with 31.8% in 2016.

Mackay has 3,481 properties. Over the last 5 years, Houses in Mackay have seen a 69.29% increase in median value, while Units have seen a 120.90% increase. As at 30 November 2024:

  • The median value for Houses in Mackay is $445,364 while the median value for Units is $394,164.
  • Houses have a median rent of $483 while Units have a median rent of $450.
There are currently 58 properties listed for sale, and 21 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Mackay.

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