59 Grendon StreetNorth Mackay QLD 4740
Property Details for 59 Grendon St, North Mackay
59 Grendon St, North Mackay is a 0 bedroom, 0 bathroom House. The property has a land size of 2723m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (July 2022)
Highly sought after and rarely offered to the market, this is an exceptional opportunity to acquire 2,723 sqm of prime higher residential land with unbounded potential. Positioned only 7 minutes from Mackay's CBD and within walking distance of shops, and schools.
The current dwelling is suitable to demolish, or with some renovations could be rented out as a large home. There is a whopping shed on the property, (32m x 9m) that can also earn an income whilst you await redevelopment plans.
The current owner had an approved DA in 2008 for 13 x 2-storey apartments but the site is not limited to apartment development alone. From inception to completion this is an empowering opportunity to design and construct a residence, or to invest in a property development project on a larger scale in a good location......this is an exceptional offering.
Property History for 59 Grendon St, North Mackay, QLD 4740
- 10 Feb 2022Sold for $440,000
- 03 Dec 2021Listed for Sale $500,000
- 21 Sep 2015Sold for $436,000
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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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