3 Wellington StreetMackay QLD 4740
Property Details for 3 Wellington St, Mackay
3 Wellington St, Mackay is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1012m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in May 2011.
Last Listing description (July 2023)
Property Details:
Property Type: Multiple Dwelling
Bedrooms: 10
Car Spaces: 4
Land Size (m2): 1012
Property Features: Garage
General Information:
Unique dual dwelling property suitable for the astute property developer or investor.
Large 1,012 m2 block zoned city residential consisting of four flats currently with a combined rental income of $965.00 per week.
Unit 1 ? 4 Bedroom, 1 Bath, new lease at $330 p/w
Unit 2 ? 2 Bedroom, 1 Bath, new lease at $185 p/w
Unit 3 - 2 Bedroom, 1 Bath, currently rented at $200 p/w
Unit 4 - 2 Bedroom, 1 Bath, currently rented at $250 p/w
Large Double Garage
Gross Income: $50,180 p/a (approx.)
Gross Outgoings (Water & Rates): $7,725 (approx.) per 6 months
Previous approved DA application (expired) for multiple dwelling units (8 x 3 bedroom apartments).
Centrally located within walking distance of the blue water trail on the banks of the beautiful pioneer river, the water park, the blue water quay, Canelands shopping centre and Mackay CBD.
Inspections by appointment only
Property History for 3 Wellington St, Mackay, QLD 4740
- 19 Jul 2023Listed for Sale Offers over $680,000
- 29 Mar 2023Listed for Sale Offers over $680,000
- 23 May 2020Listed for Rent - Price not available
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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 3,464 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.
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