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

*** SOLD Pending Settlement ***

Block Of Units - Mackay QLD

This property has sold and as a result we have several finance-ready investors seeking similar unit blocks in Mackay, Cairns and any regional centre with high yielding tenancies. We will help you prepare your property and your tenancies if you are considering a sale in order to maximise your price so please contact me if you are considering selling a similar property on 0432 244 156.

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