SOLD
Sold on 19 Apr 2024 for $421,000

59/4 Nelson Street
Mackay QLD 4740

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 147m2
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Sold By
Alan Mcnamara
Vision Real Estate Qld Pty Ltd
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Property Details for 59/4 Nelson St, Mackay

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.

Building Type
Unit
Year Built
2009
Floor Size
97m2
Land Size
147m2
Local Government
Mackay Regional
Lot/Plan
59/SP194347

Last Listing description (July 2024)

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.

Property Features include:
? Air Conditioned throughout
? Large Expansive Modern Unit with 147m2 floor area
? Lifestyle living with big balcony which enjoys protection from the afternoon sun
? Luxurious ensuite with separate shower and bath tub
? Access to the resort style swimming pool, Gym, Sauna and BBQ area
? Conference room also available
? CBD location close to facilities and attractions
? Attractive investment with great returns
? Features its own Secure lock up garage
For further information and to learn more about this opportunity contact:
Alan McNamara 0414 655 551
Steve Jackson 0410 589 946
sales2@visionrealestateqld.com.au

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Property History for 59/4 Nelson St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$421,000
19 Apr 2024
  • 19 Apr 2024
    Sold for $421,000
  • 28 Aug 2023
    Listed for Sale Not Disclosed
  • 27 Oct 2020
    Listed for Sale $359,000 Negotiable
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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.
There are currently 71 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.

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