FOR SALE
$170,000

23 - 25 Vincent Street
South Mackay QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 506m2
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Build Now While Demand is High!

Prime Development Opportunity in Mackay CBD Fringe!
Seize this rare chance to invest in the heart of Mackay. With only a handful of vacant lots remaining, these two quality inner-city blocks are priced to sell together and primed for your next project. Perfectly located near Mackay's hotspots—including Parkside Plaza, schools, medical facilities, and local sporting precincts like Harrup Park Country Club—this is an unparalleled opportunity for developers and housing groups alike.
Property Highlights:
*
Medium Density Residential, allowing for a range of development options
* Size - Two separately titled blocks—253 sqm each, totalling 506 sqm—priced attractively for a quick sale TOGETHER, or can be purchased separately for someone wanting to downsize without compromising locality.
* Prime Location - Enjoy close proximity to Harrup Park, BB Print Stadium, and easy access to the CBD, airport, and major highways.
* Established Infrastructure -
Water connections are in place, making development straightforward and efficient.
With the proposed riverfront development and the upcoming Binnington Esplanade 'Strand,' Mackay is set for significant growth. Demand for smaller, low-maintenance homes and duplexes is on the rise, presenting a lucrative opportunity to build and capitalize while the market is hot!
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Property Details for 23 - 25 Vincent St, South Mackay

Building Type
Land
Land Size
506m2

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About South Mackay 4740

The size of South Mackay is approximately 7.2 square kilometres. It has 11 parks covering nearly 13.1% of total area. The population of South Mackay in 2011 was 7,415 people. By 2016 the population was 6,732 showing a population decline of 9.2% in the area during that time. The predominant age group in South Mackay is 50-59 years. Households in South Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Mackay work in a trades occupation. In 2011, 59.5% of the homes in South Mackay were owner-occupied compared with 57.9% in 2016.

South Mackay has 3,538 properties. Over the last 5 years, Houses in South Mackay have seen a 68.87% increase in median value, while Units have seen a 102.71% increase. As at 31 October 2024:

  • The median value for Houses in South Mackay is $457,988 while the median value for Units is $322,944.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 22 properties listed for sale, and 7 properties listed for rent in South mackay on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in South mackay.

Suburb Insights for South Mackay 4740

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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.