1-8/87-89 Milton Street, Mackay QLD 4740

CBD Fringe Unit Complex

Block Of Units - Mackay QLD

The motivated seller of this centrally positioned unit block has had a change in personal circumstances that is forcing the sale of the property and he has provided strict instructions to present all written offers for immediate consideration.

Property Highlights:

* Total current weekly rent $2860 (Unit 6 is vacant for viewings and will rent for $450pw which will be total of $3310)
* By Christmas 2025 total weekly rent will be approximately 8 x $450 based on current market rent = $3600
* Council rates $1642.98 per unit if paid on time (half yearly)
* Total building insurance with Suncorp = $7172.10 yearly
* No body corporate fees as owned by a single entity
* Building & pest inspection reports available on request
* All units are fully air-conditioned with Daikin split-systems
* Each unit has a single carport (4.5m x 3m)
* Complex store room at rear of car park
* We have a full trade crew that manages the property that we can introduce to buyers and long rental record history
* Specific lease details available on request
* Walking distance to Mackay CBD
* 3 Minutes drive to Mackay Airport
* Ideal worker’s accommodation for company purchase
* Each unit is individually titled so they can be resold separately straight away
* Previously utilised as lucrative short term accommodation on AIRBNB
* 5 Minutes drive to Mackay’s Base Hospital
* 10 -15 Minutes drive to Central QLD University Ooralea Campus
* High speed NBN Fibre to the premises available to each unit

For further information please contact Paul Bryan at Penny Wood Lane Boutique Real Estate Agency