1 Meadow St, North Mackay is a 0 bedroom, 0 bathroom Unit with 6 parking spaces and was built in 1950. The property has a land size of 1103m2 and floor size of 1004m2.
Investment properties are hot right now across the Mackay region with the vacancy rate sitting below 1%. 8 Meadow Street will be a sought-after commodity with it already having long term tenants in place.This renovated block of 6 x two-bedroom units is an excellent investment with each unit having a potential rental return between $350-360 per week. This block of units would be a prize acquisition to one's property portfolio.Great features each unit offers: - 2 tiled bedrooms with built in robes and ceiling fans- Modern kitchen with ample storage- Tiled large bathroom - Neat and tidy laundry- Fenced backyard- Single CarportRates 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 Kelsey Webb on 0407 997 021.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.
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 3,377 properties. Over the last 5 years, Houses in North Mackay have seen a 89.38% increase in median value, while Units have seen a 98.29% increase. As at 31 January 2025:
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