OFF MARKET

806/5-7 Nelson Street
Mackay QLD 4740

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 18 Nov 2024
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Property Details for 806/5-7 Nelson St, Mackay

806/5-7 Nelson St, Mackay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Mackay Regional

Last Listing description (November 2023)

Take advantage of this incredible opportunity to begin or add to your property portfolio, with this fully furnished, executive style apartment, in one of Mackay's high-rise riverfront apartments.
This property is located in a prime position, only a few minutes' walk to Mackay CBD and Caneland Central, and a number of dining options.
Feel at home with a streamline, modern interior, high end fixtures and fittings throughout, spacious bedroom with a mirrored built in wardrobe, a stylish bathroom, contemporary styled kitchen complete with stainless steel appliances including dishwasher, fully air-conditioned with euro laundry, plus a private balcony and a secure parking spot allocated to the unit. This executive apartment is sure to be appealing to both owner occupiers and investors.

This property includes:
- Positioned on the 8th level gives views of the river & city from your own private balcony!
- Large, carpeted bedroom
- Study space
- Fully air-conditioned and fully furnished
- Secure undercover parking
- NBN and Foxtel access
- Communal BBQ & activity area on the rooftop
- Walk to the CBD and major shopping centre

The unit represents great value as an investment as it's almost permanently tenanted as a holiday rental which attracts a higher than usual rent return. Rental figures can be provided upon request. As part of the Riviera building, the occupants enjoy access to a huge rooftop entertainment area complete with life size chess, BBQ dining area and fridge, shower and toilet. The views from the rooftop encompass most of Mackay.

For more property details or to arrange your private inspection of 806/5-7 Nelson Street, Mackay, contact Robyn Land or Trevor Chapman today!

Property History for 806/5-7 Nelson St, Mackay, QLD 4740

A timeline of how this property has performed in the market
  • 20 Jul 2023
    Listed for Sale $299,000 Neg

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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 3,461 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 69 properties listed for sale, and 22 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Mackay.

Suburb Insights for Mackay 4740

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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.