SOLD
Sold on 23 Jul 2024 for $478,000

29 Sydney Street
Mackay QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 381m2
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Property Details for 29 Sydney St, Mackay

Building Type
Commercial
Land Size
381m2
Local Government
Mackay Regional
Lot/Plan
4/RP706762

Last Listing description (October 2024)

REMAX Commercial are pleased to present to the market this freestanding Commercial-Retail shop opportunity located within the sought after Mackay CBD Waterfront Priority Development Area.

The property features the key strengths outlined below:

Freestanding building with character, built in 1891

High traffic exposure at major CBD access road
Building Gross Floor Area of 172m2*, land 381 m2
Private carparking area at the rear, street parking at shopfront
Particularly suited for caf-restaurant - 1000L grease trap & cold room
Nice atmosphere of its current fit out would suit many other retail or office uses

Contact the agent now for an inspection

Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Lessor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
* approx

Property History for 29 Sydney St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$478,000
23 Jul 2024
Listed for Rent
$659/w
31 May 2024
  • 23 Jul 2024
    Sold for $478,000
  • 03 Jul 2024
    Listed for Sale Expressions of Interest closing 28 May 2024
  • 11 Oct 2023
    Listed for Sale Contact us to find out more!
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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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RE/MAX Select - Mackay
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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.