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

bedrooms 8
bathrooms 8
parkingSpaces 8
|Unit
Offers from $2M
Offers from $2M
Published on: 02 Apr 2025
Last updated on: 12 May 2025
1-8/87-89 Milton Street, Mackay, Qld 4740
1-8/87-89 Milton Street, Mackay, Qld 4740
1-8/87-89 Milton Street, Mackay, Qld 4740
+23
1-8/87-89 Milton Street, Mackay, Qld 4740
  • 23
  • 1
Property ID: 147647020
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CBD Fringe Unit Complex

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

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Parking Spaces
8
Land Size
596.00 m2
Rooms
8 bedroom(s), 8 bathroom(s)
Address
1-8/87-89 Milton Street, Mackay, Qld 4740

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Paul Bryan
Paul Bryan
88 Lake Street, Cairns City, Qld 4870
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Paul Bryan
Paul Bryan
88 Lake Street, Cairns City, Qld 4870
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      Property ID: 147647020

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