SOLD
Sold on 08 Jul 2024 for $225,000

701/55 River Street
Mackay QLD 4740

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 52m2
Save

Property Details for 701/55 River St, Mackay

701/55 River St, Mackay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 52m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Mackay in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
44m2
Land Size
52m2
Local Government
Mackay Regional
Lot/Plan
701/SP251375

Last Listing description (June 2024)

Your opportunity to secure a one-bedroom apartment in the Mackay CBD is here.

Designed for contemporary living, this light filled apartment features an open floor plan with ample space throughout.

* Expansive open plan design

* Contemporary kitchen with ample cupboard space
* Spacious bedroom with air conditioning throughout
* Single secure car park
* Common rooftop area providing picturesque ocean views
* Sparkling in ground pool
*10 Minute drive to Mackay Base Hospital
*10 minutes to Mackay Airport

This well-presented apartment is currently tenanted for $420.00 per week, making it a fantastic entry level investment or addition to any portfolio.

The complex features a resort style pool and gym as well as the rooftop entertaining area providing stunning ocean views, for that relaxed coastal BBQ

Making the perfect holiday home, private residence, or investment this property is a must to inspect.

Rates - $1638.98 per half year
Body Corporate fees - $3156.76 per half year

Adele Crocker P: 0491 360 020 E: manager@360pm.com.au

Disclaimer: The Agent does not give any warranty as to errors or omissions, if any, in these particulars, which they believe to be accurate when compiled.

Property History for 701/55 River St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$225,000
08 Jul 2024
Listed for Rent
$400/w
03 Aug 2021
  • 08 Jul 2024
    Sold for $225,000
  • 15 May 2024
    Listed for Rent $460 / week
  • 13 Feb 2024
    Listed for Sale Offers from $249,000
Sign in to see more transactions

Commute Calculator

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

Market Insights
Mackay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mackay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.