1/2318// Absolon StreetSouth Mackay QLD 4740
Property Details for 1/2318// Absolon St, South Mackay
1/2318// Absolon St, South Mackay is a 7 bedroom, 3 bathroom House with 6 parking spaces.
Last Listing description (October 2023)
If you are looking for a great investment opportunity in the Mackay region, do yourself a favour and take a look at this great property in South Mackay.
The property consists of a duplex comprising of 2x2 bedroom units at the front of the property and a free standing 3 bedroom unit at the rear. All 3 units are in excellent condition and are fully tenanted for the next 12 Months. The units are for sale individually or as a group. The combined rent is $1,140 per week.
There is a very reasonable body corporate in place with $20,000 in the sinking fund. Obviously if you bought all 3 you would not need to run the body corporate and you would still have use of the $20,000 in the sinking fund. Each unit has a lock up garage and a visitors car space as well. Location is ideal with all essential facilities only minutes away.
Individually the 2x2 bedroom units in the duplex are for sale at offers from $279,000 each and the freestanding unit is at offers from $319,000. If you would like to buy all 3 units the price is offers from $879,000.
After 20 years of ownership the seller has decided to sell as he moves toward retirement.
Property History for 1/2318// Absolon St, South Mackay, QLD 4740
- 28 Sep 2023Listed for Sale Offers from $879,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
/assets/perm/ghj4wpn6gai6nndp5xm3ogqogi?signature=fc53b791878239269b3e050d77728a78510e43edbb9ded5b8eb6269a6ef95a2f){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About South Mackay 4740
The size of South Mackay is approximately 7.2 square kilometres. It has 11 parks covering nearly 13.1% of total area. The population of South Mackay in 2011 was 7,415 people. By 2016 the population was 6,732 showing a population decline of 9.2% in the area during that time. The predominant age group in South Mackay is 50-59 years. Households in South Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Mackay work in a trades occupation. In 2011, 59.5% of the homes in South Mackay were owner-occupied compared with 57.9% in 2016.
South Mackay has 3,533 properties. Over the last 5 years, Houses in South Mackay have seen a 68.87% increase in median value, while Units have seen a 102.71% increase. As at 31 October 2024:
- The median value for Houses in South Mackay is $457,988 while the median value for Units is $322,944.
- Houses have a median rent of $550 while Units have a median rent of $440.
Suburb Insights for South Mackay 4740
Market Insights
South Mackay Trends for Houses
N/A
N/A
View TrendN/A
N/A
South Mackay Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
