502 Mains Rd, Macgregor is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 764m2 and floor size of 363m2. While the property is not currently for sale or for rent, it was last sold in December 2011.
BUDGET ACCOMMODATION BUSINESS
FROM ITS ORIGINAL SPLENDOUR AS A MATER PRIZE HOME ADMIRED BY MANY AND NOW A FULLY APPROVED BUDGET ACCOMMODATION BUSINESS THAT HAS A GROSS 11% RETURN STILL ADMIRED BY ASTUTE INVESTORS. THIS IS YOUR OPPORTUNITY TO TAKE CONTROL OF YOUR OWN INVESTMENT AND WATCH YOUR MONEY BUILD. SELLERS ADVISE ITS FULLY APPROVED BY THE BRISBANE CITY COUNCIL AND INSPECTED AND APPROVED BY FIRE SERVICES AUTHORITY. SIX OCCUPIED ROOMS RETURNING $1265 PER WEEK, 5 BATHROOMS, UNDERCOVER CAR ACCOMMODATION, INGROUND SALT WATER SWIMMING POOL AND CONVENIENT TO CITY BUS AND SHOPPING FACILITIES ALL ON A GENEROUS 764 M2 BLOCK.
The size of Macgregor is approximately 2.7 square kilometres. It has 4 parks covering nearly 15.5% of total area. The population of Macgregor in 2011 was 5,576 people. By 2016 the population was 5,852 showing a population growth of 4.9% in the area during that time. The predominant age group in Macgregor is 20-29 years. Households in Macgregor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macgregor work in a professional occupation. In 2011, 69% of the homes in Macgregor were owner-occupied compared with 64.6% in 2016.
Macgregor has 2,281 properties. Over the last 5 years, Houses in Macgregor have seen a 80.55% increase in median value, while Units have seen a 38.44% increase. As at 31 December 2024:
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