SOLD
Sold on 12 Jul 2024 for $2,925,000

19 Hamilton Street
North Mackay QLD 4740

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 2426m2
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Property Details for 19 Hamilton St, North Mackay

Building Type
Commercial
Land Size
2426m2
Local Government
Mackay Regional
Lot/Plan
97/RP906287

Last Listing description (July 2016)

Secure 15 year lease to Goodstart Early Learning 2023.
Two further five year options to 2033.
Goodstart: Australia's largest child care provider with over 640 centres nationally.

Triple net lease terms with the tenant responsible for all usual outgoings including capital and structural works.
Tenant required to provide extensive notice prior to exercising lease option periods.
Licensed for 86 Long Day Care (LDC) places.
Substantial 2,426 sqm corner site with 18 on-site car spaces.
Well presented facilities with a central double storey admin building plus two single level education facilities either side.
External play areas extensively upgraded recently.
Mackay: gateway to the Bowen Basin and the coal and sugar cane capital of Australia with a trade catchment of 150,000+.
Rent: $144,312 pa.
For Sale by Expressions of Interest
Closing Thursday 26 May 2016

Property History for 19 Hamilton St, North Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$2,925,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $2,925,000
  • 03 Nov 2016
    Sold for $1,855,000
  • 19 Apr 2016
    Listed for Sale Not Disclosed
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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 3,364 properties. Over the last 5 years, Houses in North Mackay have seen a 72.35% increase in median value, while Units have seen a 95.40% increase. As at 30 September 2024:

  • The median value for Houses in North Mackay is $451,358 while the median value for Units is $336,589.
  • Houses have a median rent of $510 while Units have a median rent of $400.
There are currently 25 properties listed for sale, and 7 properties listed for rent in North mackay on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in North mackay.

Suburb Insights for North 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.