6/5 Bridge RoadEast Mackay QLD 4740
Property Details for 6/5 Bridge Rd, East Mackay
6/5 Bridge Rd, East Mackay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in East Mackay in the last 12 months.
Last Listing description (February 2024)
Calling all property enthusiast looking for a unique opportunity, this fully renovated and furnished property nestled within the Ocean Village Resort is a prospect you don't want to miss. Whether its long term or short term this property could be utilised anyway you please, whether you're downsizing, maybe you're looking to dip your toe into being an Airbnb host or wanting to expand your property portfolio.
Nestled within the Ocean Village Resort positioned along the beachfront of East Mackay you'll be offered both convenience in the sense of location and a lifestyle by the beach. Inside this fully renovated property you'll find no stone has been left unturned, giving a once outdated space a new lease on life with the capacity to accommodate up to four if you please. The open plan layout compiles the brand new kitchen, dining and lounges spaces. The new kitchen now offers soft close cabinetry, combine pantry and broom cupboard, study desk and even includes the cutlery in the drawers.
Behind the open plan living area you'll find the generously sized bedroom with queen bed and built-in-robe. And not to forget the bathroom which also accommodates a washer and dryer which is certainly functional and the unit is air conditioned for year round comfort. This property also includes a secure and covered car space. Plus, kick back on the front deck with views to the lush grounds of the Ocean Resort Village, enjoy the pool or head down to East Mackay Beach for morning walks and afternoon drinks at the newly refreshed Ocean International right next door.
And with all this said there has never been a better time to invest in our strong and ever growing Mackay Region currently experiencing an all-time low with our rental vacancy rate below 1% enforcing the strength of our property market. Investing in a property such as this will currently see you with a return of $400 per week which is approximately a 13% gross return annually, or after associated costs your net return is approximately 8.5%.
The hard work has been done and there is nothing left to do but secure this unique opportunity at once. Being so close to life's conveniences as well as offering a great lifestyle, this fully renovated property is a fantastic prospect for any real estate enthusiast looking for something a little different from the rest.
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Property History for 6/5 Bridge Rd, East Mackay, QLD 4740
- 21 Feb 2024Sold for $159,000
- 14 Feb 2024Listed for Sale SOLD by Dean Fuhlbohm
- 07 Feb 2023Sold for $51,324
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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.
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