OFF MARKET

7 Machan Street
Machans Beach QLD 4878

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Land area: 539m2
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Property Details for 7 Machan St, Machans Beach

7 Machan St, Machans Beach is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 539m2. While the property is not currently for sale or for rent, it was last sold in October 2006.

Building Type
House
Year Built
1988
Land Size
539m2
Local Government
Cairns Regional
Lot/Plan
22/RP709125

Last Listing description (April 2022)

A MULTI-FACETED OPPORTUNITY FOR ASTUTE NEW OWNERS.

Water views from the upper deck, adjacent to the well-established local restaurant O'Sheas and ONLY ten minutes from the CBD, this unique property is looking for an astute new owner to capitalise on the myriad of opportunities.
Originally built by local identity, Tom Machan in the 50's; this generously proportioned highset home still retains much of the style for which that era was renowned. Beautiful feature cornice & ceiling rose's, tongue & groove panelling with dado rails and wide board hardwood flooring, this residence has a truly wonderful character & lends itself to further renovation and enhancement.

More recent additions have added another layer of potential with a commercial kitchen and large covered deck complying with current Council DA as restaurant upstairs and 'caretakers accommodation' downstairs. Council food and liquor licences approvals are in place. Fit out includes timber bar, commercial fridges, dishwashers and stainless kitchen benches with double sink. A new grease trap has been installed for the potential restaurant and the ocean views are free.
The downstairs accommodation consists of kitchenette, bathroom, two extra rooms (suitable for beds or offices) and a lounge opening onto a private courtyard.
New 10kw solar has just recently been installed.
The property also offers undercover parking as well as additional off street parking.
Machans Beach is a highly sought unique & diverse beachside suburb, where property simply does not last. Contact Chris today for further information.

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Property History for 7 Machan St, Machans Beach, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$420,000
26 Oct 2006
Listed for Rent
$450/w
12 Jan 2017
  • 08 Jun 2019
    Listed for Sale $690,000
  • 12 Jan 2017
    Listed for Rent - Price not available
  • 19 Sep 2008
    Listed for Sale REDUCED BY $20,000 TO $68,000 WIWO
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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 513 properties. Over the last 5 years, Houses in Machans Beach have seen a 42.88% increase in median value, while Units have seen a 143.61% increase. As at 30 November 2024:

  • The median value for Houses in Machans Beach is $543,243 while the median value for Units is $498,945.
  • Houses have a median rent of $770.
There are currently 6 properties listed for sale, and no properties listed for rent in Machans beach on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Machans beach.

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