Offer
$1,425,000 - representing 4.8% yield
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83 Mackay Street, Coorparoo QLD 4151

Apartment844
Block size: 790 m² approx.

Unit block in Prime Coorparoo location!

• Rented to long term tenants - this property has been split into 4x2 bedroom units in a highly sought after pocket of Coorparoo. Positioned amongst quality homes - there are endless opportunities to sit and reap the rental return, or as the home is post-war - you could demolish and re-develop the block with your dream home.  

All of the units have polished floorboards through the living areas and carpeted bedrooms. They are all air conditioned and 3 of the 4 units have sizable courtyards.

The current rental return is as follows
Unit 1 - $320
Unit 2 - $300
Unit 3 - $340
Unit 4 - $350

The complex is very low maintenance and would suit a self managed super fund.

Investors, do your sums and make sure you are in a position to buy - as opportunities like this are rarely found.

Please contact Nathan Carter or Mel Christie for further information.
Can I afford this property?

Inspections

No open inspections scheduled.

Send an enquiry

Contact Mel Christie to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Apartment
Lot:25
Plan Type:SP
Plan:228942
Block Size:790 *
Stamp Duty:$58,150*
*These are approximate values based on available information.

Past sales

Property History
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Harcourts Property Centre

Maps and area information

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Block information
Block size: 790 (approx)
Legal description: 25/SP228942
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2021.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history
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You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
28 Sep 2017
Sold
Harcourts Property Centre
Listed: 08/03/2017
Transfer type: Full transfer
20 Apr 2011
Sold
RE/MAX United Vision
$1,000,000
Contract: 20/04/2011
Listed: 08/07/2014
Block size: 790m²
Transfer type: Full transfer

Suburb and property insights

Median salesMedian sales
 
Average Age
35 years
Population
16,282
Coorparoo's Property Profile
Coorparoo's Occupancy

Contact agents

Harcourts Property Centre

Harcourts Property Centre

View agency details
Mel ChristieHarcourts Property Centre
Nathan CarterHarcourts Property Centre
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Listing ID: 178788717. This listing has been viewed 55 times. It was first displayed on 08/10/2020 and last updated on 07/04/2021.