SOLD
Sold on 20 Dec 2023 for $760,000

8 Binnington Esplanade E
East Mackay QLD 4740

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 1088m2
Sold By
Professionals Sales Mackay & Professionals Rentals Mackay
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Property Details for 8 Binnington Esp E, East Mackay

8 Binnington Esp E, East Mackay is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1985. The property has a land size of 1088m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 6 bedroom Unit sold in East Mackay in the last 12 months.

Building Type
Unit
Year Built
1985
Land Size
1088m2
Local Government
Mackay Regional
Lot/Plan
43/M91119

Last Listing description (January 2024)

Discover the perfect real estate gem that's just landed on the market!

We proudly present THREE spacious 2-bedroom, low-set brick units all bundled together on a single title. This unique property boasts incredible features that are increasingly hard to find in today's market:

- Three 2-Bedroom Units: Each unit provides ample space, featuring two cozy bedrooms, perfect for comfortable living.

- Lock-Up Garages: Enjoy the convenience and security of your very own lock-up garage for each unit, ensuring your vehicles and belongings are always safe.

- Extra Solid Construction: These units were built to last, with rock-solid construction that speaks to their enduring quality - they don't make them like this anymore!

- Spacious 1088m2 Lot: With a generous land area, you'll have plenty of room to add your personal touches or expand in the future.

- Town Beach at Your Doorstep: Imagine having the stunning Town Beach just across the road, providing you with breathtaking views and endless relaxation opportunities.

- Versatile Investment: The choice is yours! Live in one unit while renting out the other two for a steady income stream or seize the opportunity to rent out all three units and maximize your returns.

- Long-Term Tenants: Two of the units already have long-term tenants in place, guaranteeing you a reliable income from day one.

This is an incredible chance to secure a solid, income-generating investment in a prime location. Don't miss out on this rare opportunity to own a piece of real estate history with modern convenience. Act quickly before it's gone!

For more information on this property or to arrange a private inspection at 8 Binnington Esplanade, East Mackay, contact Thomas Parker today!

Property History for 8 Binnington Esp E, East Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$760,000
20 Dec 2023
Listed for Rent
$160/w
09 Nov 2016
  • 20 Dec 2023
    Sold for $760,000
  • 03 Oct 2023
    Listed for Sale $799,000
  • 20 Dec 2019
    Listed for Rent - Price not available
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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 1,928 properties. Over the last 5 years, Houses in East Mackay have seen a 48.51% increase in median value, while Units have seen a 58.29% increase. As at 31 July 2024:

  • The median value for Houses in East Mackay is $494,362 while the median value for Units is $297,987.
  • Houses have a median rent of $530 while Units have a median rent of $420.
There are currently 20 properties listed for sale, and 6 properties listed for rent in East mackay on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in East mackay.

Suburb Insights for East 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.