59/4 Nelson St, Mackay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 147m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Mackay in the last 12 months.
An investors fantasy is to know that your investment will not let you down, the Lanai Apartments would have to be at the top of your shopping list for any investor looking for an investment with solid returns.
Apartment 408 is a 3 bedroom 2 bathroom unit, with River Views and a huge 147m2 area size. This fully furnished, CBD apartment is a walk in walk out business offering gross returns of up to just shy of $75,000. In turn once Rental expenses have been taken out this Investment had a Rental Net Profit of $43,957
Perfectly located and central to Caneland Shopping Centre, Mackay CBD, The Blue Water Lagoon and it backs on to the Blue Water Trail.
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.
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