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Sold on 30 Oct 2023 - Price Unavailable

157 Nebo Road
West Mackay QLD 4740

Bedrooms: 8
Bathrooms: 6
Car spaces: 6
Land area: 816m2
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Property Details for 157 Nebo Rd, West Mackay

157 Nebo Rd, West Mackay is a 8 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 816m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 8 bedroom BlockOfUnits sold in West Mackay in the last 12 months.

Building Type
BlockOfUnits
Land Size
816m2
Local Government
Mackay Regional
Lot/Plan
2/RP710475

Last Listing description (October 2023)

The units are within walking distance to the iconic Four Ways shopping precinct where you will find all the essentials; doctors, supermarket, chemist, dentist etc. These units are always in demand by tenants because of their convenient location.

The front four units are of concrete construction and have great street appeal. They each consist of combined kitchen/dining, spacious lounge area and generous bedroom and bathroom. They are screened, have ceiling fans and air conditioning.

The two, 2 bedroom units are of brick construction and are one above the other. Consisting of open plan kitchen/dining/lounge area with air conditioning in the lounge and the main bedrooms, with bathroom.

There is a shared laundry located in the middle of the complex, with individual carport provided for each unit at the rear of the 816m2 block.

The units gross $92,820 per annum in rental income.

This is an unmissable opportunity for an astute investor to purchase a well-positioned and profitable investment. Whilst the units are retro in style and there are items which could require maintenance, they currently provide a very good return, but imagine what could be achieved after a facelift.

The plus on this conveniently located complex is that there are no strata fees to worry about.

Call today and speak with Josey to organise to view this property.

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Property History for 157 Nebo Rd, West Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
30 Oct 2023
Listed for Rent
$160/w
04 Jan 2016
  • 09 Oct 2023
    Sold for $820,000
  • 14 Sep 2023
    Listed for Sale $895,000
  • 04 Jan 2016
    Listed for Rent $160 / week
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About West Mackay 4740

The size of West Mackay is approximately 6.5 square kilometres. It has 9 parks covering nearly 8.5% of total area. The population of West Mackay in 2011 was 6,506 people. By 2016 the population was 6,209 showing a population decline of 4.6% in the area during that time. The predominant age group in West Mackay is 40-49 years. Households in West Mackay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Mackay work in a professional occupation. In 2011, 60.1% of the homes in West Mackay were owner-occupied compared with 60.8% in 2016.

West Mackay has 3,086 properties.

    There are currently 24 properties listed for sale, and 5 properties listed for rent in West mackay on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in West mackay.

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