OFF MARKET

8/5 Romeo Street
Mackay QLD 4740

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 80m2
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Last updated 11 Nov 2024
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Property Details for 8/5 Romeo St, Mackay

8/5 Romeo St, Mackay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1980
Land Size
80m2
Local Government
Mackay Regional
Lot/Plan
8/BUP71349

Last Listing description (October 2022)

This home is available to inspect By Appointment only. Please contact us to arrange a viewing.

This low-maintenance and fully air-conditioned split-level unit rewards you with time, being within walking distance or a short drive to the city with its many popular shopping, dining and entertainment precincts close by. And its affordable too, with its current estimated mortgage repayments for eligible first home or family home guarantee buyers less than the current market rental estimate of $300 per week*. An already prepared mortgage broker’s overview for this unit is available upon request.

Tiled living/dining area on the ground floor has an easy flow to come and go, plus security screens for added peace of mind when not home. Kitchen is in neat condition and well equipped, with overhead and under bench storage, while its generous king size bedroom is in a private area upstairs with built-in robe and extra space for a study desk, along with its own balcony. There is also an existing separate bathroom and toilet. And it comes with handy single covered carport so you don’t have to leave your car parked out on the street.

Currently tenanted until November 2022, in an established unit complex with low body corporate fees and close to facilities and services that matter to you. And if you don’t feel like cooking there’s plenty of takeaway options close by too. Make your move today!

Why we LOVE 8/5 Romeo Street…

- Relaxed living is a breeze. Comfortable air-conditioned open-plan living and dining area with easy flow to the kitchen all on the one floor. Front and rear door access

- Expansive & private king size main bedroom upstairs with split AC & private access to balcony, along with built-in robe & space for study desk or extra furniture

- Main bathroom is also upstairs & features shower, vanity with under bench storage & separate toilet. Laundry area adjacent to kitchen with direct access to paved courtyard & clothesline

- Unit comes with single covered carport directly to the front of unit, handy to keep you out of the weather when coming & going, plus extra visitor parking to front of complex. Setup with ultra fast fibre to the unit’s NBN internet

- Currently tenanted by a longer term occupant for $230 per week, with current market rental estimate at $300 per week. If you’re considering this property for an investment a complete rental appraisal is available on request

- *Potential mortgage repayments for eligible first home & family home guarantees could be less than being a tenant of this unit. Mortgage Broker’s overview for this unit is available upon request & is a general guide only. It is recommended to make your own independent enquiries with your preferred local broker or bank manager to review your personal position & interest rates which are subject to fluctuating in the current environment

Why we LOVE Mackay…

- Well connected inner-city suburb and incredibly convenient, where you can leave the car at home being so close to the CBD, Shopping Centres, Café, Pubs & Restaurant precincts. From 8/5 Romeo Street, you’re walking distance to the Sydney Street Markets with Coles, cafes & specialty stores, plus range of takeaway options to nearby Shakespeare Street or support your local green grocer Misfuds located on Alfred Street

- Spend less time in the car & more time doing what you want to do with key employment hubs close to home including Mackay CBD, Caneland Central, Base Hospital, Paget Industrial Estate & CQ University’s City Campus is also walking distance from home

- An active lifestyle will be easy to maintain with fitness & health facilities being easily accessible including local gyms, Queens Park & The Blue Water Trail, plus numerous sporting facilities are only a few minutes away including Harrup Park, Mackay Stadium & South Mackay Sports Precinct

Disclaimer: All information has been obtained from the seller. The agent/s cannot verify its accuracy and do not give any warranty as to errors or omissions, if any, in these particulars. Prospective purchasers should satisfy themselves by inspection and making their own inquiries or otherwise as to the accuracy of the particulars. Location shots and use of furniture (real or virtual) are for visual display purposes only and not included in sale. We are not financial advisors or deem to provide financial advice and urge all prospective purchasers to make their own inquiry into funding available.

Property History for 8/5 Romeo St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$172,000
08 Sep 2022
Listed for Rent
13 May 2019
  • 08 Sep 2022
    Sold for $172,000
  • 05 May 2022
    Listed for Sale $190,000
  • 10 Apr 2019
    Listed 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.
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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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.