16 Pugsley St, Walkerston is a 9 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 2403m2. While the property is not currently for sale or for rent, it was last sold in July 2004.
If you are looking for an amazing investment opportunity and would like to take advantage of the Mackay region's very low rental vacancies of less than 1 per cent ... well, 16 Pugsley Street delivers exactly that!
The 2,403sqm property offers four units on a single title, all of which have leases until approximately August this year.
Each single-story unit offers large private court yards, good-sized living areas all with tidy kitchens and bathrooms. The low maintenance block units each have an undercover carpark and offer tenants a spacious common area.
Property Features:
- Unit 1 - 2 Bedroom, 1 Bathroom, Air-conditioning
- Unit 2 - 2 Bedroom, 1 Bathroom
- Unit 3 - 2 Bedroom, 1 Bathroom
- Unit 4 - 3 Bedroom, 1 Bathroom
Located in Walkerston, the property is just 15 minutes from Mackay City Gates and within walking distance from schools and shops, so its convenient location is in demand from tenants.
With the leases filled until August and a net-yield of 5.8%, now is the time to invest and take advantage of low rental vacancies in Mackay and the potential future capital growth in the region.
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
The size of Walkerston is approximately 13.9 square kilometres. It has 6 parks covering nearly 0.8% of total area. The population of Walkerston in 2011 was 3,089 people. By 2016 the population was 3,415 showing a population growth of 10.6% in the area during that time. The predominant age group in Walkerston is 0-9 years. Households in Walkerston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Walkerston work in a trades occupation. In 2011, 75.6% of the homes in Walkerston were owner-occupied compared with 72.2% in 2016.
Walkerston has 1,527 properties. Over the last 5 years, Houses in Walkerston have seen a 50.60% increase in median value, while Units have seen a 88.30% increase. As at 31 August 2024:
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