OFF MARKET

401/5-7 Nelson Street
Mackay QLD 4740

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 29 Jul 2024
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Property Details for 401/5-7 Nelson St, Mackay

401/5-7 Nelson St, Mackay is a 2 bedroom, 2 bathroom House.

Building Type
House
Local Government
Mackay Regional

Last Listing description (February 2022)

Price reduction - Excellent Investment Return
A solid long-term investment opportunity with excellent returns of $2166.67 per month is sure to appeal. Current lease ends 30 March 2022.

This spacious ultra-modern, tastefully and well-appointed apartment is fully furnished, on the 4th floor of the 'Riviera' Apartment Complex and boasts picturesque river views.

Property features include:
Fully Airconditioned
Tastefully furnished
Modern kitchen, open plan living
2 Bedrooms
Ensuite & Bathroom
• Mirrored Built-In Robes
Euro Laundry
Study Nook
Good size Private Balcony
Rooftop BBQ facilities
Secure Undercover Parking

Investment opportunity knocking at your door not to be missed - call Eleni Karambasis on 0418 778 420 to arrange 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 Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

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Property History for 401/5-7 Nelson St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Listed for Rent
$475/w
06 Aug 2018
  • 13 Oct 2021
    Listed for Sale $350,000

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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 3,437 properties.

    There are currently 73 properties listed for sale, and 27 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Mackay.

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