Three properties for sale under $500,000

CHRISTMAS has come early to those who are looking to buy into Mackay’s tightening real estate market for less than $500,000.

Here are three fabulous properties for sale for $340,000, $355,000 and $450,000.

>> READ MORE: SEASIDE HOME IN HAY POINT

1. FOR SALE: Seaside home in Hay Point $340,000

This three-bedroom home offers a beachside lifestyle at popular Salonika Beach. Within walking distance of the beach, this home is also close to Hay Point terminal and Paget.

With three generous carpeted bedrooms, one family-sized bathroom, open plan living – which is fully tiled and air-conditioned – outdoor entertaining area, fully-fenced yard and in-ground saltwater pool, this property provides comfort and luxury.

8 Gabrielle Street, Hay Point is currently listed as a break lease available rental at $405/wk through to April 2022 when the rent will increase. The rental appraisal for this property is $450/week and based on these figures the projected gross yield is approximately 6.8%, depending on sale price.

>> READ MORE: RESORT-STYLE, OCEANSIDE APARTMENT

2. FOR SALE: Resort-style, oceanside apartment $355,000

Every day is a holiday in your beachside three-bedroom apartment in the Nautilus Condominiums resort complex in East Mackay. Enjoy swimming in the magnificent in-ground saltwater pool, ocean views and convenient central living without the maintenance and hassle.

This beautifully appointed 141m2 apartment is more like a home than unit living. With a huge open plan living/dining area that flows into the functional U shaped kitchen with ample under the bench and overhead storage, dual sink, oven, glass cooktop and rangehood, pantry and fridge that overlooks the sparkling turquoise waters of the inground pool.

Unit 5/4 Prudhoe Street has a rental appraisal of $525 week as we have recently tenanted unit 8 in the same complex for $525/week. Based on these figures the projected gross yield is approximately 7.7%, depending on sale price.

>> READ MORE: A LIFESTYLE OF LOVE!

3. FOR SALE: A lifestyle of love $450,000

Boasting three large rooms all with air-conditioning and built-in wardrobes, this property is move-in ready. Set amongst the picturesque Mackay Harbour, this Tropical North Queensland, three-bedroom, two-bathroom apartment has all the makings for a lifestyle of love.

Overlooking Mackay harbour with 270-degree ocean views out to the coral sea and islands, you will never get weary of the ever-changing sunsets. This property is ideal for a weekend getaway or permanent home.

Unit 37/2 Mulherin Drive, Mackay Harbour is currently vacant. The rental appraisal for this property is $650/week and based on these figures the projected gross yield is approximately 7.5%, depending on sale price.

To take advantage of any of these three amazing opportunities to buy into the Mackay market for less than $500,000, contact Benjamin from Baileux today, to arrange your inspection.

And we need more properties to sell! If you’re thinking of selling in 2022, contact us to discuss how we can help you get the best possible sales result for your home.

Phone 0400 989 161 or email benjamin@baileux.com.au.

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Three properties for sale under $500,000