Fantastic Investment Opportunity

1-6/8 Meadow Street, North Mackay, 4740

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Contact for PriceFor Sale
  • Ownership Type Unitblock
  • Property Area 1,004 sqft
  • Bedrooms 12
  • Bathrooms 6
  • Furnished No
  • Last Updated 16th Jun, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 6
  • Built-in Wardrobes

Property Overview

Investment properties are hot right now across the Mackay region with the vacancy rate sitting below 1%. 8 Meadow Street will be a sought-after commodity with it already having long term tenants in place.<br/><br/>This renovated block of 6 x two-bedroom units is an excellent investment with each unit having a potential rental return between $320-330 per week. This block of units would be a prize acquisition to one's property portfolio.<br/><br/>Great features each unit offers: <br/><br/>- 2 tiled bedrooms with built in robes and ceiling fans<br/>- Modern kitchen with ample storage<br/>- Tiled large bathroom <br/>- Neat and tidy laundry<br/>- Private courtyard<br/>- Single Carport<br/><br/>Rates and Insurance available upon request. <br/><br/>The property sits close to some of Mackay's best schools and all sporting facilities plus the Mackay CBD and several shopping centres only minutes away. <br/><br/>With a limited number of affordable rental properties available in Mackay, this set of units will only grow in value as increased competition at this end of the market forces rental viabilities down.<br/><br/>For more information, please contact Kelsey Webb on 0407 997 021.

Location on Google Map

1-6/8 Meadow Street, North Mackay, 4740

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