SOLD
Sold on 18 Sep 2024 for $800,000

51 Juliet Street
South Mackay QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 797m2
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Property Details for 51 Juliet St, South Mackay

Building Type
Commercial
Land Size
797m2
Local Government
Mackay Regional
Lot/Plan
22/RP704722

Last Listing description (May 2023)

High profile accessible location with tenants in place, positively geared.



Guaranteed rental growth with fixed CPI increases with tenants paying outgoings.

Prime corner block positioning with main road exposure, close to schools, Mackay Airport



* Site plan area 797sqm on Two titles

* Landlord pays no outgoing -

other than building insurance and leasing agent.

Tenants pay for rates.

* Approximate $80,000 gross rental return

* Sold as a going concern.

* Long Term Established Tenants

* Ample parking at rear

Inspections by appointment only.

Contact agent for more information.



Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Property History for 51 Juliet St, South Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$800,000
18 Sep 2024
  • 18 Sep 2024
    Sold for $800,000
  • 28 Feb 2023
    Listed for Sale $935,000

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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 3,532 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.
There are currently 22 properties listed for sale, and 5 properties listed for rent in South mackay on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in South mackay.

Suburb Insights for South 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.