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6/11 St Francis Drive, Moranbah QLD 4744

$508k OVER 10% Rental Yield

Search Band Search Visibility Band

$500k - $550k High Confidence Calculated based on strong search observations.

Apartment 3 Beds 3 Baths 2 Cars

Listed: 8 days ago

Updated: 6 hours ago

Overview

This exclusive apartment in Moranbah represents a contemporary and smart investment opportunity, ideally suited for astute investors seeking strong rental returns. Located within a prestigious apartment block and centrally positioned, the property provides convenient access to essential amenities including a Coles supermarket, gym facilities, pools and the local Workers Club, all within walking distance, which enhances daily convenience for residents or tenants.

The apartment stands out with its sophisticated design and functionality, delivering three well-appointed bedrooms each featuring its own ensuite, air-conditioning, ceiling fans and built-in wardrobes, ensuring comfort and privacy for occupants. The open-plan living area is accentuated by a high ceiling and large ceramic tiles, creating a spacious and stylish environment perfect for relaxing or entertaining.

The modern kitchen opens seamlessly to the living and dining spaces and includes built-in appliances with ample storage, catering well to practical meal preparation needs. Practicality is further enhanced by a discreetly positioned laundry off the kitchen. Outdoor living is accommodated by a spacious rear balcony, designed for entertaining or enjoying quiet moments.

Additional benefits include a double lock-up garage equipped with a higher garage door tailored for mining industry vehicles, plus a separate enclosed storage area. A private courtyard and washing line further contribute to the apartment's functionality.

Overall, this property offers a rare combination of lifestyle, comfort, and strong rental yield, making it especially attractive for investors looking for low-maintenance, high-value returns in Moranbah’s residential market.

Local Market Insights

In Mackay, Quiet Listings observed 10 new apartments entering the market over the last 30 days, unchanged from 10 in the prior period, with an average advertised asking price of $498,600. The property type mix of listed properties is predominantly Houses at 72%, followed by units (9%), and land (8%). The most active agency for apartments in the Mackay area is currently Explore Property Whitsunday, representing 40% of new listings, followed by @Realty with 20%. 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.