Sold
2/10 East Gordon Street
Mackay
Unit
1 bed | 1 bath | 1 carSOLD by Dean Fuhlbohm
A low maintenance dream or a savvy investors delight, currently this property is ideal for someone looking to get into the property market or expand their existing portfolio.
There has never been a better time to invest in our strong and ever growing Mackay Region currently experiencing an all-time low with our rental vacancy rate below 1% enforcing the strength of our property market. Investing in this unit could potentially see you with a return of $330 per week which is approximately a 11.4% gross return annually. (Unit 2 currently renting for $220 per week seeing a return of 6.9%) . Outgoings for the property like body corp. are minimal with quarterly contributions of approx. $497, plus rates half yearly at approx. $1,450. These out goings don't impact your return greatly still at 8.4% after these costs.
Positioned on the city fringe of Mackay you'll be offered both convenience in the sense of location and low maintenance living. Inside you'll enjoy open plan living, a generously sized bedroom, functional bathroom combine with laundry and a secure lock-up garage. The open plan living area compiles the kitchen, dining and lounge spaces. There is room for both a dining table and lounge suite if you wish or the kitchen includes a breakfast bar, perfect to replace the traditional dining table if you wish for more living space. This home is air conditioned throughout for your comfort and the lock-up garage not only keeps your car secure but allows for extra storage if needed.
Take advantage of this unique opportunity today to secure this fantastic investment opportunity. With vacancy rates so low there has never been a better time to invest in the Mackay Region.
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.
There has never been a better time to invest in our strong and ever growing Mackay Region currently experiencing an all-time low with our rental vacancy rate below 1% enforcing the strength of our property market. Investing in this unit could potentially see you with a return of $330 per week which is approximately a 11.4% gross return annually. (Unit 2 currently renting for $220 per week seeing a return of 6.9%) . Outgoings for the property like body corp. are minimal with quarterly contributions of approx. $497, plus rates half yearly at approx. $1,450. These out goings don't impact your return greatly still at 8.4% after these costs.
Positioned on the city fringe of Mackay you'll be offered both convenience in the sense of location and low maintenance living. Inside you'll enjoy open plan living, a generously sized bedroom, functional bathroom combine with laundry and a secure lock-up garage. The open plan living area compiles the kitchen, dining and lounge spaces. There is room for both a dining table and lounge suite if you wish or the kitchen includes a breakfast bar, perfect to replace the traditional dining table if you wish for more living space. This home is air conditioned throughout for your comfort and the lock-up garage not only keeps your car secure but allows for extra storage if needed.
Take advantage of this unique opportunity today to secure this fantastic investment opportunity. With vacancy rates so low there has never been a better time to invest in the Mackay Region.
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.
Sold
$150,000
Specifications
Property Type
Unit
Land
57 SQM
