107 Grendon Street NNorth Mackay QLD 4740
Property Details for 107 Grendon St N, North Mackay
107 Grendon St N, North Mackay is a 18 bedroom, 9 bathroom Unit with 8 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (October 2021)
Are you looking for a great investment?
Consider this block of 8 units in North Mackay.
Situated at the quiet end of Grendon Street, North Mackay, this unit complex currently offers a very healthy 8.7% gross return.
The complex consists of-
* 6 x 2 bedroom, 1 bathroom units
* 1 x 3 bedroom,
1 bathroom unit
* 1 x 3 bedroom,
2 bathroom unit
* Built in wardrobes
* Air conditioning in all units, some fully air conditioned with split systems
* Modern kitchens and bathrooms
* Security screens
* Registered locks
These units are central to all amenities. Schools, CBD, Pioneer River Precinct, Mackay Harbour and major shopping centres.
The Mackay rental market historically is strong and this unit complex is a great opportunity to invest and be part of the positive rental market in Mackay.
Contact Russell Pollock on 0418 775 419.
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 107 Grendon St N, North Mackay, QLD 4740
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About 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 3,371 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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