FOR SALE
$400,000

55 Grendon Street
North Mackay QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2395m2
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ALERT ALL SAVVY DEVELOPERS! $40K/SITE, DA APPROVED, 13x3-BEDROOM TOWNHOUSES!

With power already installed, a totally cleared site, & all permits in place to begin immediately, this fantastic investment positions you as Landlord for 13 x three-bedroom, double-storey stunning units in a great location in North Mackay, immediately next to childcare & a few metres walk from restaurants, takeaway, IGA, chemist, school, church & service station! Each unit boasts 2.7m ceilings in living areas; 2.5 bathrooms with toilet &vanity perfect for guests; private outdoor alfresco area; single lock up garage with internal access into the unit & additional storage space; fully air conditioned; & master suite with generous walk in robe & ensuite! What an amazing project & investment in your future - never work another day in your life enjoying at rental appraisal on each unit at over $400 per week.

Property Details for 55 Grendon St, North Mackay

Building Type
Land
Land Size
2395m2

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About North Mackay 4740

The size of North Mackay is approximately 7.3 square kilometres. It has 11 parks covering nearly 8.4% of total area. The population of North Mackay in 2011 was 6,597 people. By 2016 the population was 5,916 showing a population decline of 10.3% in the area during that time. The predominant age group in North Mackay is 20-29 years. Households in North Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Mackay work in a trades occupation. In 2011, 56.8% of the homes in North Mackay were owner-occupied compared with 55.3% in 2016.

North Mackay has 3,385 properties. Over the last 5 years, Houses in North Mackay have seen a 82.46% increase in median value, while Units have seen a 92.96% increase. As at 30 November 2024:

  • The median value for Houses in North Mackay is $481,082 while the median value for Units is $359,994.
  • Houses have a median rent of $520 while Units have a median rent of $400.
There are currently 26 properties listed for sale, and 9 properties listed for rent in North mackay on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in North mackay.

Suburb Insights for North Mackay 4740

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Robyn Faa
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Mackay Regional Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.