2/48 High StreetNorth Mackay QLD 4740
Property Details for 2/48 High St, North Mackay
2/48 High St, North Mackay is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 825m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in North Mackay in the last 12 months.
Last Listing description (February 2024)
One title past payment for 2x bins & services $ 5,635.76 yearly (Discount Rate) - Insurance please discuss with your own provider.
Refer to the '3-D Virtual Open House' included in the advert as a description of the property
� Duplex is 'Besser Brick' referring to Virtual 3-D easy care construction (less value to repair & update)
� 2x Carport is under roof, Has the potential to convert the 2 bed into a 3 bed (higher returns capable)
� The rental potential at the moment for these types of properties is more $360 - $380 per week each
� My heading states Location Perfect - (Bus stop at front - 7 schools & high-school close + Shopping)
� Business Owners of 457 worker accommodation (lease end U1/ 16th September - U2 8th December)
� Self-managed superannuation fund buyer - leave asis as an investment and ride out the rental boom
� 1st-time investor - live-in unit has use of the rear yard for a storage shed or space or future resale
� Estimate example $380 x 2 p/w x 52 weeks divide Not Neg Price $475,000 = 8.3% Gross Returning
This property is so close to shopping - schools - it's elevated so not a flood risk but is within walking distance to 'Mackays Gooseponds & walking trails'. It is worth noting that due to the Bus Stop being at the front of the Duplex site it is suited to non-driving tenants either younger or older plus has benefits to 457 workers as advised prior.
Contact Joe Morabito Lj hooker for further information
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 2/48 High St, North Mackay, QLD 4740
- 15 Feb 2024Sold for $450,000
- 13 Jul 2023Listed for Sale $475,000 Or Nearest Offer
- 19 Nov 2021Listed for Rent $280 / week
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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 3,372 properties.
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