1 Hamilton StreetNorth Mackay QLD 4740
Property Details for 1 Hamilton St, North Mackay
1 Hamilton St, North Mackay is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 599m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Last Listing description (April 2024)
Sought After Investment Opportunity With Great Returns. With the vacancy rate sitting below 1%. in the Mackay region, 1-3/36 Hamilton Street will be a sought-after commodity with it already having long term tenants in place.
This renovated block of 3 x one-bedroom units is an excellent investment with each unit renting at $210 per week. This block of units would be a prize acquisition to one's property portfolio.
Great features each unit offers:
- 1 bedroom units with built in robes and ceiling fans
- Modern kitchen with ample storage
- Air conditioned
- Tiled bathroom
- Neat and tidy laundry
- Storage
- Single Carports
Note- 1-4/38 Hamilton Street is also available for sale with endless opportunities that would come with purchasing both properties.
Rates and Insurance available upon request.
With a limited number of affordable rental properties available in Mackay, this set of units will only grow in value as increased competition at this end of the market forces rental viabilities down.
The property sits close to some of Mackay's best schools and all sporting facilities plus the Mackay CBD and several shopping centres only minutes away.
For more information, please contact Patrick Daly 0422033339.
Disclaimer: The Agent does not give any warranty as to errors or omissions, if any, in these particulars. The provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
Property History for 1 Hamilton St, North Mackay, QLD 4740
- 14 Sep 2022Listed for Sale By Negotiation
- 15 Jan 2017Sold for $85,000
- 16 Dec 2016Listed for Sale $120,000neg (under offer)
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0About North Mackay 4740
The size of North Mackay is approximately 7.3 square kilometres. It has 11 parks covering nearly 8.4% of total area. The population of North Mackay in 2011 was 6,597 people. By 2016 the population was 5,916 showing a population decline of 10.3% in the area during that time. The predominant age group in North Mackay is 20-29 years. Households in North Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Mackay work in a trades occupation. In 2011, 56.8% of the homes in North Mackay were owner-occupied compared with 55.3% in 2016.
North Mackay has 3,369 properties. Over the last 5 years, Houses in North Mackay have seen a 79.14% increase in median value, while Units have seen a 93.18% increase. As at 31 October 2024:
- The median value for Houses in North Mackay is $470,887 while the median value for Units is $348,580.
- Houses have a median rent of $520 while Units have a median rent of $395.
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