SOLD
Sold on 05 Jul 2024 for $2,500,000

27 Prospect Street
Mackay QLD 4740

Bedrooms: 3
Bathrooms: 14
Car spaces: 13
Land area: 2023m2
Sold By
McGrath Mackay
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Property Details for 27 Prospect St, Mackay

27 Prospect St, Mackay is a 3 bedroom, 14 bathroom Unit with 13 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Mackay in the last 12 months.

Building Type
Unit
Land Size
2023m2
Local Government
Mackay Regional
Lot/Plan
5/RP701050

Last Listing description (August 2024)

Discover a lucrative investment with this exceptional, well-maintained block of 13 units located in the heart of picturesque Mackay. Built with sturdy brick construction and a modernised aesthetic with a sizable front apartment, this property promises durability, low maintenance, and consistent occupancy, ensuring a lucrative investment for years to come.
This impressive apartment complex boasts a stately street appeal with easy-care gardens and a full-length concrete driveway to the undercover parking. Each double-storey unit features tiled open-plan living areas, large kitchens with wrap-around bench space, internal timber staircases, airy bathrooms, separate laundries, a small courtyard area, and private balconies. The larger front unit boasts three bedrooms, a tiled front porch, private yard space, and a single lock-up garage, while two bedrooms are featured in the remaining units. Shed storage is available for the owners.
Each unit is designed with comfort and security in mind, including dedicated parking spaces for tenants, lighting in the carpark, a pop-up sprinkler system that maintains the gardens, and automatic shut-off water taps for each individual unit. This safe and convenient living environment is a testament to the fastidious owners.

The low-maintenance design, along with modern features, ensures reduced upkeep costs and enhances tenant satisfaction.
Situated in the ideal spot for an investment, this property offers unparalleled convenience with easy access to shops, restaurants, and entertainment options. Located close to our beautiful bluewater Pioneer River and minutes from our pristine beaches, residents can enjoy the relaxing lifestyle Mackay offers.
Don't miss out on this exceptional opportunity to expand your investment portfolio. For more information, please contact Mark from McGrath on 0400 257 229.

Property History for 27 Prospect St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$2,500,000
05 Jul 2024
Listed for Rent
$385/w
27 Nov 2023
  • 05 Jul 2024
    Sold for $2,500,000
  • 27 Jun 2024
    Listed for Sale Not Disclosed
  • 10 Oct 2023
    Listed for Rent $385 / week
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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 3,461 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 68 properties listed for sale, and 23 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Mackay.

Suburb Insights for Mackay 4740

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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.