FOR SALE
Offers from $1,100,000

5 Holland Street
West Mackay QLD 4740

Bedrooms: 7
Bathrooms: 4
Car spaces: 9
Floor area: 120m2
Land area: 800m2
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9% Yeild Return. Vary Rear Investment Opportunity

Lets Talk Business! Great yield of on this 3 commercial and 3 residential property located 5 mins walk from Mackay CBD. Great road front exposure for the three commercial buildings located at the front all with tenants already in place. 2x 3 bedroom Units and a single studio unit is located behind the front shops with ample parking for all.
Residential Units feature:
-A/C's in all units
-Separate parking
-Large open spaces in the 3 bedroom units
Commercial Shops feature:
-Great road frontage for tenants
-High flow traffic area
-Off street parking
Great opportunity to add to a portfolio with a spilt income across residential and commercial property giving you greater security. Netting an income currently of $107,000 plus per annum the numbers will tell you all you need to know to not miss out on this property. Perfect timing with rental shortages gets you in at the right time to increase your returns on the coming years.
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Property Details for 5 Holland St, West Mackay

5 Holland St, West Mackay is a 7 bedroom, 4 bathroom House with 9 parking spaces. The property has a land size of 800m2 and floor size of 120m2. The place is currently for sale with My Real Estate Qld.

Building Type
House
Floor Size
120m2
Land Size
800m2

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About West Mackay 4740

The size of West Mackay is approximately 6.5 square kilometres. It has 9 parks covering nearly 8.5% of total area. The population of West Mackay in 2011 was 6,506 people. By 2016 the population was 6,209 showing a population decline of 4.6% in the area during that time. The predominant age group in West Mackay is 40-49 years. Households in West Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Mackay work in a professional occupation. In 2011, 60.1% of the homes in West Mackay were owner-occupied compared with 60.8% in 2016.

West Mackay has 3,093 properties. Over the last 5 years, Houses in West Mackay have seen a 67.39% increase in median value, while Units have seen a 100.84% increase. As at 30 November 2024:

  • The median value for Houses in West Mackay is $522,133 while the median value for Units is $403,803.
  • Houses have a median rent of $575 while Units have a median rent of $480.
There are currently 23 properties listed for sale, and 4 properties listed for rent in West mackay on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in West mackay.

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Herbie Wilson
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