OFF MARKET

52/3 Kirribilli Avenue
East Mackay QLD 4740

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 100m2
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Last updated 11 Nov 2024
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Property Details for 52/3 Kirribilli Ave, East Mackay

52/3 Kirribilli Ave, East Mackay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 100m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2015
Floor Size
83m2
Land Size
100m2
Local Government
Mackay Regional
Lot/Plan
52/SP274077

Last Listing description (November 2022)

Ideally located on the northern beachfront pocket of Mackay, this modern dual-key apartment boasts gorgeous uninterrupted ocean views from the private balcony.

The dual-key arrangement makes this an investor's dream with 2 income streams obtainable from both the single bedroom apartment and additional single studio.

The combined yield for the property returns an amazing net yield, ensuring this is one of the most secure investments currently available!

The single bedroom apartment offers a sleek kitchen, complete with stone benchtops and quality appliances. The open-planned lounge/dining/kitchen area opens to a generous balcony with 180 degrees of gorgeous ocean views to be enjoyed year-round. There's also a European laundry, air conditioning, ceiling fans throughout, and a beautiful resort-style pool in the complex for all to enjoy.

Alternatively, the single studio apartment provides a spacious bedroom, stone benchtops, and a roomy ensuite for guests to enjoy.

The dual-key arrangement makes for the ideal investment property as part of the hugely successful hotel management set up within the complex, with owners realising greater returns than most investment opportunities in QLD.

The choice is yours, whether you look to keep this unit as a holiday let, permanent rental, or comfortable home with an income stream! Ideally located, you're one block from the beach and parks, with dining and shopping options just down the road and the Mackay Airport, Mackay Base Hospital, and the CBD within minutes.

Approx Returns - $1,950mth ($23,400yr)
Body Corp Fees - $4.090.24yr
Rates - $3,198.28yr

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Property History for 52/3 Kirribilli Ave, East Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$305,000
08 Jun 2022
  • 08 Jun 2022
    Sold for $305,000
  • 04 Feb 2022
    Listed for Sale Offers Over $290,000
  • 19 Mar 2013
    Sold for $495,000

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About East Mackay 4740

The size of East Mackay is approximately 3.3 square kilometres. It has 6 parks covering nearly 9.9% of total area. The population of East Mackay in 2011 was 3,636 people. By 2016 the population was 3,571 showing a population decline of 1.8% in the area during that time. The predominant age group in East Mackay is 40-49 years. Households in East Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Mackay work in a professional occupation. In 2011, 63.2% of the homes in East Mackay were owner-occupied compared with 58.7% in 2016.

East Mackay has 1,927 properties. Over the last 5 years, Houses in East Mackay have seen a 54.79% increase in median value, while Units have seen a 98.36% increase. As at 31 October 2024:

  • The median value for Houses in East Mackay is $527,663 while the median value for Units is $317,397.
  • Houses have a median rent of $535 while Units have a median rent of $440.
There are currently 24 properties listed for sale, and 5 properties listed for rent in East mackay on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in East mackay.

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