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Sold on 27 Sep 2024 for $951,000

460 Bridge Road
West Mackay QLD 4740

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Land area: 822m2
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Property Details for 460 Bridge Rd, West Mackay

460 Bridge Rd, West Mackay is a 7 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 822m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 7 bedroom Unit sold in West Mackay in the last 12 months.

Building Type
Unit
Land Size
822m2

Last Listing description (September 2024)

This unique property offers three solid brick units on a single title, perfectly positioned in the highly desirable suburb of West Mackay. Across the road from the Base Hospital, this location guarantees strong rental demand and exceptional yield.

With a rental income of over $66,000 for the 3 units, along with low expenses and rental vacancies in Mackay of under 1 per cent, this property is an ideal opportunity for someone wanting to take advantage of Mackay's tremendous rental yields.

Set out on an 822 square metre block, this property offers the following key features:

• Unit 1: Features 3 bedrooms, 1 bathroom, spacious living and dining areas and a secure 1-car garage with internal access.
• Units 2 & 3: Each includes 2 bedrooms, 1 bathroom, spacious living and dining areas and a secure 1-car garage with internal access.
• All units boast air-conditioning to the main bedroom and living areas, private yards, offering a sense of space and privacy, ample sized laundry, with additional parking bays available for convenience.

Don't miss out on the opportunity to buy this outstanding asset in a high-demand area! Give Matthew Paul a call for more information and to arrange a private inspection.

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.

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Property History for 460 Bridge Rd, West Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$951,000
27 Sep 2024
  • 06 Sep 2024
    Sold for $951,000
  • 28 Aug 2024
    Listed for Sale Offers From $899,000
  • 04 Jun 1993
    Sold for $91,000

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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 3,094 properties. Over the last 5 years, Houses in West Mackay have seen a 67.39% increase in median value, while Units have seen a 100.84% increase. As at 30 November 2024:

  • The median value for Houses in West Mackay is $522,133 while the median value for Units is $403,803.
  • Houses have a median rent of $575 while Units have a median rent of $480.
There are currently 25 properties listed for sale, and 4 properties listed for rent in West mackay on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in West mackay.

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