272 Milton StreetSouth Mackay QLD 4740
Property Details for 272 Milton St, South Mackay
272 Milton St, South Mackay is a 3 bedroom, 1 bathroom House. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in South Mackay in the last 12 months.
Last Listing description (June 2024)
Calling all investors! Welcome to 272 Milton Street, South Mackay-a dual-storey gem set on a generous 809m2 lot, located just 7 minutes from the bustling Mackay CBD and 5 minutes from Illawong Beach's sandy shores. What sets this property apart? It's currently under a long-term lease to a mining company, generating an impressive $800 per week in rental income and tenants are on a 2 year lease.
Stepping through the unassuming exterior, prepare to be pleasantly surprised. Upon entry, you'll discover an open, air-conditioned kitchen, dining, and living area, beautifully accentuated by polished timber floors. The peaked interior roof design echoes the exterior architecture and lends visual expansiveness and natural light to the living spaces.
Three bedrooms are equipped with built-in wardrobes, ceiling fans and one room boasts an aircon for added cooling and comfort. The tiled main bathroom offers a shower, vanity with upper storage, linen cupboard, and a toilet. A unique L-shaped sunroom wraps around the living and kitchen areas, providing versatile spaces with two access points, plus a dedicated laundry area increases functionality.
Outside, you'll find a fully fenced yard, offering privacy and security. Positioned at the front of the block, this home maximises backyard space, leaving ample room for further additions like a pool, shed, or both! A concrete driveway leads to under-house parking, along with plenty of room for storing tools, installing a work bay, or utilising for entertainment purposes. A garden shed at the rear completes the outdoor amenities.
Take advantage of the opportunity presented by this property-an attractive investment for those seeking long-term returns or those willing to wait until the current lease expires. Don't miss out on this chance to own a piece of Mackay's thriving real estate market. Contact us today to arrange a viewing and secure your future.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 272 Milton St, South Mackay, QLD 4740
- 30 May 2024Sold for $441,000
- 21 May 2024Listed for Sale $420,000
- 18 Jan 2023Listed for Sale $365,000
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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 3,536 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.
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