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Sold on 13 Sep 2024 - Price Unavailable

1/8 Grant Street
Mackay QLD 4740

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 96m2
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Property Details for 1/8 Grant St, Mackay

1/8 Grant St, Mackay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 96m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Mackay in the last 12 months.

Building Type
Unit
Floor Size
96m2
Land Size
96m2
Local Government
Mackay Regional
Lot/Plan
1/SP115925

Last Listing description (September 2024)

CENTRALLY LOCATED IN THE HEART OF MACKAY'S CBD, ONE OF THE MOST APPEALING LOCATIONS IN THE COUNTRY FOR THE SAVVY INVESTOR, TO KICK OFF OR ADD TO YOUR PORTFOLIO...

Offering generous tiled living/dining space, a galley kitchen and modern, 2-way bathroom with conveniently separate toilet. Central laundry and linen storage. Both queen sized bedrooms are carpeted and include built-in robes. Ceiling fans and air conditioning throughout.

Situated at the front of a well maintained 3 unit complex built in 1998, in a quiet, no-through street. 96sqm of building and a private, fully fenced courtyard around 2 sides. Single lock-up garage and off-street parking, as well as a lockable storage nook for the garden gear.

Occupied by excellent long-term tenants who very much want to stay on, the current lease is $375/week until March 2025. Under new Queensland legislation the property is not eligible for a rent increase until the end of the current term, however present market conditions suggest it has a potential to increase to $420/week.

Body Corp and Council Rates will be provided upon request, and a video walk-through is available.

Do not delay in making your enquiry, this one will not be on the market long!

*** PLEASE NOTE *** DUE TO THE OVERWHELMING AMOUNT OF ENQUIRY FOR THIS PROPERTY, OFFER SUBMISSIONS WILL BE CLOSING FRIDAY 23/8/24 AT 10:00am ***

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Property History for 1/8 Grant St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
13 Sep 2024
  • 23 Aug 2024
    Sold for $323,000
  • 19 Aug 2024
    Listed for Sale Offers over $279,000
  • 10 Jun 2012
    Sold for $326,000
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About Mackay 4740

The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2011 was 4,070 people. By 2016 the population was 3,642 showing a population decline of 10.5% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mackay work in a professional occupation. In 2011, 31.8% of the homes in Mackay were owner-occupied compared with 31.8% in 2016.

Mackay has 3,465 properties. Over the last 5 years, Houses in Mackay have seen a 62.48% increase in median value, while Units have seen a 127.90% increase. As at 31 October 2024:

  • The median value for Houses in Mackay is $425,647 while the median value for Units is $378,175.
  • Houses have a median rent of $485 while Units have a median rent of $450.
There are currently 75 properties listed for sale, and 22 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Mackay.

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