Under Offer 22/02/2024
$959,000
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9 Bundesen Street, North Mackay QLD 4740

Other
844
Block size: 730 m² approx.

Investment Opportunity of the Century: 4 units

Make your mark in Mackay's thriving investment market by taking advantage of this fantastic opportunity - 4 x two-bedroom units that have already been strata-titled, plus an additional spare block to construct more units or a residence.
A savvy investor will soon recognise the expense that has been devoted to strata-titling each unit onto its own individual title & creating a (currently, non-active) Body Corporate Scheme. The incredibly realistic sellers are aware of the opportunity they are offering educated buyers by passing on their hard work, however, their preference is to sell the entire property as a whole so that the new buyer can utilize the vacant block of land to add further value to the property. Dollar signs will appear in your eyeballs when you realize not only the 4 streams of revenue achievable from this property, but the opportunity that exists in developing the land, & future profit if deciding to sell each individual unit - the timing is perfect when Mackay is experiencing a rental vacancy rate of less than 1%!
Situated just off Harbour Road, at the end of a quiet culdesac, Bundesen Street offers such a central location only a short drive to Mackay's City Heart via a 4-laned bridge; steps to fantastic restaurants (Church on Palmer; The Avenue); all the fun and recreation the Marina offers (restaurants, clubs, cafes, boat ramp, and, of course, the gorgeous Harbour Beach itself); plus schools, medical, takeaways, retail, public pool & John Breen Park.
Each unit contains:
• 2 Bedrooms with Air Conditioning and Built-ins
• Open Plan Living
• Modern Kitchen and Breakfast Bar
• Electric Cooking
• Ceiling fans Throughout
• Large patio with Shade Sails & fenced rear courtyard
• Security screens
• Single carport accommodation
• Solid Brick Construction
• Spacious, Private, Quiet, Double Storey Unit

An incredible opportunity exists at 9 Bundesen St, so don't hesitate to contact Robyn to organise your inspection; don't miss out on this one!

Disclaimer: The vendors and/or their agents do not give any warranty as to errors or omissions, if any, in these particulars, which they believe to be accurate when compiled. Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the particulars.

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Bedrooms:
8
Bathrooms:
4
Garage Spaces:
4
Property type:
Other
Block Size:
730 *

Other Details

Mackay Regional Real Estate

Maps and area information

Block information
Block size: 730 (approx)
Block Map
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Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
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.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

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North Mackay suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
6,194
Listing ID: 181004109. This listing has been viewed 10 times. It was first displayed on 26/09/2022 and last updated on 05/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.