283 Nebo RoadWest Mackay QLD 4740
Property Details for 283 Nebo Rd, West Mackay
Last Listing description (December 2023)
Tenanted Investment Property - Auto Parts tenant
Mackay City Property Commercial are proud to introduce 283 Nebo Road commercial tenanted investment property to the market for sale.
Leased to "Brakes N Auto Parts Mackay" , the property features the following key strengths:
• Net Rent $48,000 plus GST**
• Outgoings payable by the tenant
• Lease Term 3 Years, ending 30 June 2026
• Annual rent review by CPI increase
• Land Area 601 m2
• Building NLA 325 m2*
• Additional mezzanine storage & ancillary shed
• Bruce Highway frontage
Expressions of Interest Closing Tuesday 5th December 2023 at 4pm (AEST)
Contact the agent to request an Information Memorandum
Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.
*approximately
** subject to accountant's advice
Property History for 283 Nebo Rd, West Mackay, QLD 4740
- 12 Dec 2023Sold for $490,000
- 23 Nov 2023Listed for Sale Expressions of Interest Closing 5 December 2023
- 08 Jul 2003Sold for $197,500
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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 3,077 properties. Over the last 5 years, Houses in West Mackay have seen a 63.10% increase in median value, while Units have seen a 113.61% increase. As at 30 September 2024:
- The median value for Houses in West Mackay is $494,436 while the median value for Units is $391,446.
- Houses have a median rent of $560 while Units have a median rent of $480.
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