OFF MARKET

42 Machan Street
Machans Beach QLD 4878

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 700m2
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Property Details for 42 Machan St, Machans Beach

42 Machan St, Machans Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 700m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
2003
Floor Size
90m2
Land Size
700m2
Local Government
Cairns Regional
Lot/Plan
37/RP711938

Last Listing description (November 2023)

Featuring two dwellings on one title, with fantastic tenants in place, this ideal investment opportunity is currently returning $900 per week and is perfectly located in highly sought after Machans Beach.

The main home includes 3 bedrooms with built-ins in two. With polished floor boards and an open plan living area that spills out onto a huge rear deck, comfort and convenience is key. Some of the other may features include-

* Spacious kitchen with gas cook top

* Air conditioned
* Internal laundry
* Security screened
* Beautiful polished timber floorboards thru out
* Massive undercover entertainment area including a sail
* Double lockup carport
* Fully fenced

At the rear of the property is where you'll find a very well equipped Granny Flat. With 2 bedrooms plus study or storage area. Currently used as a long term tenancy, it could also be a perfect Airbnb or multi-generational living opportunity. Some of the features to this dwelling include:-

* 2 bedrooms
* Vinyl flooring thru out
* Large open plan living area leading out to the rear deck
* Covered spacious patio
* Modern kitchen
* Private & Secure

Located just a short stroll to the local primary school, shops, post office and the beach, the property is also just a quick 10 minute drive to Cairns International Airport, Botanical Gardens and the city.

Property History for 42 Machan St, Machans Beach, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$430,000
02 May 2018
Listed for Rent
$400/w
26 Feb 2019
  • 11 Sep 2023
    Listed for Sale Offers Over $790,000 Considered
  • 06 Feb 2019
    Listed for Rent $400 / week
  • 02 May 2018
    Sold for $430,000
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About Machans Beach 4878

The size of Machans Beach is approximately 4 square kilometres. It has 3 parks covering nearly 3.4% of total area. The population of Machans Beach in 2011 was 941 people. By 2016 the population was 1,061 showing a population growth of 12.8% in the area during that time. The predominant age group in Machans Beach is 50-59 years. Households in Machans Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Machans Beach work in a professional occupation. In 2011, 62.9% of the homes in Machans Beach were owner-occupied compared with 68.1% in 2016.

Machans Beach has 512 properties. Over the last 5 years, Houses in Machans Beach have seen a 39.02% increase in median value, while Units have seen a 132.48% increase. As at 30 September 2024:

  • The median value for Houses in Machans Beach is $528,672 while the median value for Units is $469,875.
  • Houses have a median rent of $630.
There are currently 11 properties listed for sale, and no properties listed for rent in Machans beach on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Machans beach.

Suburb Insights for Machans Beach 4878

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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.