SOLD
Sold on 23 Feb 2024 for $1,000,000

15 Wood Street
Mackay QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1559m2
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Property Details for 15 Wood St, Mackay

Building Type
Commercial
Land Size
1559m2
Local Government
Mackay Regional
Lot/Plan
2/RP700831

Last Listing description (May 2024)

Craig McVean & Scott Wells of RWC Gold Coast is proud to bring a rare regional opportunity to the hotel market.

We have clear instructions that this property must be sold!

Stunning strategically based, 2-story art deco building positioned in the commercial core CBD of Mackay recently re-roofed

First time brought to sale in 36 years
23 mixed accommodation rooms and 4 bedroom managers house
14 highly sort after gaming authorities, 2 am trading license & 800 person capacity
Large beer garden with outdoor stage, 7 bars including 2 pop-up & 7 pool tables, spacious dining room
Large regional centre with strong employment opportunities
Strong entertainment base, commercial kitchen, keno, gaming, entertainment, and accommodation
Future development opportunity in the heart of Mackay on 1559m* of CBD land

Contact SCOTT WELLS 0412 766 163 or CRAIG MCVEAN 0400 563 623

*Approx.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 15 Wood St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$1,000,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $1,000,000
  • 08 Aug 2023
    Listed for Sale Contact Agent
  • 14 Nov 1986
    Sold for $433,800

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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 3,485 properties. Over the last 5 years, Houses in Mackay have seen a 50.06% increase in median value, while Units have seen a 64.65% increase. As at 31 July 2024:

  • The median value for Houses in Mackay is $406,005 while the median value for Units is $322,522.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 78 properties listed for sale, and 28 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Mackay.

Suburb Insights for Mackay 4740

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RWC Gold Coast
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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.