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Overview
This Walkerston duplex represents a compelling investment opportunity characterized by immediate rental income and a solid physical structure. Offering an exceptional weekly income of $1,000 from reliable tenants, the property promises stable cash flow from day one, making it particularly attractive for investors seeking consistent returns without the need for vacancy or renovation risks.
The development comprises two residences, each thoughtfully designed to provide spacious living areas and generous bedrooms that enhance tenant comfort. The inclusion of private, fenced yards offers tenants valuable outdoor space and privacy, augmenting the appeal and rental desirability.
Constructed from durable block materials, the duplex stands as a robust and low-maintenance asset engineered to endure over time, ensuring the longevity of the investment.
Strategically located approximately 15 minutes from the Mackay CBD, the property benefits from easy access to urban amenities while maintaining the charm of the quieter township of Walkerston. The locale is favored by tenants due to its proximity to quality schools, convenient local shopping, cafés, medical services, and sports facilities, underpinning sustained rental demand.
Additionally, the absence of body corporate fees enhances the investment’s cash flow and reduces ongoing costs, further enhancing its attractiveness.
- Five spacious bedrooms accommodate larger families or multiple tenants comfortably.
- Two bathrooms ensure practical living arrangements and ease of use.
- Two garage spaces provide secure off-street parking along with additional storage possibilities.
- Air conditioning and built-in wardrobes add to the functionality and comfort of each unit.
- The fully fenced yards offer secure outdoor areas ideal for families with children or pets.
Overall, this duplex's combination of immediate income, durable construction, tenant appeal, and convenient location make it a prudent choice for investors looking to balance income stability with long-term capital growth potential.
Local Market Insights
In Mackay, Quiet Listings observed 4 new duplexes entering the market over the last 30 days, down from 22 during the previous 30-day period, with an average advertised asking price of $927,250. The property type mix of listed properties is predominantly Houses at 68%, followed by land (11%), and units (9%). The most active agency for duplexes in the Mackay area is currently McGrath Estate Agents, representing 50% of new listings, followed by Mackay City Property with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Walkerston QLD 4751
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