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Lot Fq Basil Bay Precinct, Keswick Island
Mackay QLD 4740

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Land area: 1992m2
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KESWICK ISLAND in the Great Barrier Reef Marine Park

Lot FQ offers the owner wonderful views of Basil Bay and across the blue ocean to the mainland. The lot also has views facing to the north and east over Egremont Channel.
There is a reasonably level area for building then the lot slopes down toward the sea. This gives the owner the opportunity to build either one story or cascading stories down the block.
The island, like most along our coastline, is owned by the State Government who in turn has leased the development portion of Keswick Island to the developer for the island (the head lessee). The developer creates residential and commercial subleases therefore Lot CI is a residential sublease. An owner then becomes a sublessee.
Of the existing 153 subleases there are approximately 26 properties already built on. 9 permanent residents the rest are mainly holiday residences. The 99 year development lease began on 9/4/1996 which is counting down.
Keswick Island has been carefully planned to preserve and enhance its natural attractions. The majority of the island is protected National Park of untouched tropical vegetation and surrounded by a stunning coastline. Excellent snorkelling, diving shipwrecks and reefs, great fishing and numerous surrounding islands to explore.
For more information contact Karen Cooke on 0411 130 686

Property Details for Lot Fq Basil Bay Precinct, Keswick Island, Mackay, QLD 4740

Building Type
Land
Land Size
1992m2

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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 3,489 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 65 properties listed for sale, and 21 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Mackay.

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