36 Peel Street, Mackay

Offers From $649,000
Beds: 5 Baths: 2 Size: 1021 Square metres Car Spaces: 2

CALLING ALL ASTUTE INVESTORS AND DEVELOPERS!

Here is an opportunity too good to pass up.

Situated in the heart of Mackay CBD which means walking distance to everything, imagine the saving on fuel.

This is the perfect opportunity for the astute investor to purchase this duplex on a whopping 1021m2 block of land - zoned high density / multi-unit dwelling (flats), start making money immediately whilst waiting for approvals to build a muti unit complex.

Unit 3A is a 3-bedroom unit and unit 36B having 2 bedrooms. Both offer good-sized air-conditioned living areas and covered entertaining areas at the rear.

Long term tenants will ensure immediate income or live in one and rent one out or with potential to build more units.

Properties of this size and income stream in our city heart are rare and highly sought after.

Unit 36A is currently rented at $420 per week with an expected increase to $480-$500 per week
Unit 36B is currently rented at $390 per week with an expected increase to $450 per week

So, if you're wanting to start a property portfolio or wanting to expand on your portfolio, 36A and 36A Peel Street is a must to inspect.

DISCLAIMER: The agent does not give any warranty as to errors or omissions, if any, in these particulars.
The provided information from the Vendor can be deemed reliable but not accurate.
Any persons interested in the property should conduct their own research.

Do you own a home?

Prepare for profit. Download our top tips on how to get the highest and best price when selling.