First-home buyers turn to East Mackay
FIRST-TIME buyers are turning to regional Queensland areas, such as Mackay, to buy into the property market, according to National Australia Bank (NAB) data published by realestate.com.au.
Rather than purchase in areas like southeast Queensland, where there has been a recent price boom, data shows first-time home buyers turned to areas like Mackay.
In East Mackay, purchases by first-time buyers were up 42 per cent in the past quarter.
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And it is easy to see why.
For the median house price of $436k, first-home buyers can secure a lovely four-bedroom, two-bathroom home.
Or, for around $300k they can buy in with a low-maintenance unit, like this one.
4/4 Kate Street, East Mackay is an immaculately renovated apartment.
No expense was spared on this lovely two-bedroom, one-bathroom apartment. From the quality fittings to well-appointed top-of-the-range kitchen appliances to the incredible bathroom complete with his and her showers and the spacious and luxurious main bedroom, this apartment has been renovated with love and care and the end result is a stylish and modern apartment ready for its next owners to simply move in and enjoy.
Ideal for first-home buyers, this apartment offers an opportunity to buy into an increasingly tight market with a home where all the hard work has been done for you.
Inside the large and light-filled lounge room with its crisp white walls, large glossy Timberstone White floor tiles and sheer curtains flows seamlessly into the L-shaped kitchen where no expense has been spared with brand new and state-of-the-art Miele induction cooktop and rangehood, Chef oven, Westinghouse dishwasher. With a trendy ocean green subway tile splashback, black laminate (marble look) benchtops, timber overhead cupboards, glossy white under bench cupboards, island bench and direct access to the backyard, the heart of this home has been thoughtfully renovated and cleverly designed to make cooking and entertaining a breeze.
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The open plan living area is kept cool with a brand new top-of-the-range Mitsubishi Heavy split system air-conditioner and remote-controlled ceiling fan.
Compact laundry, wash tub, hotwater system and room for washing machine is tucked away by the door to the rear yard.
The main bedroom is light and airy with windows on two sides, Mitsubishi heavy split system air-conditioning, remote-controlled ceiling fan, easy-to-clean Timberstone White floor tiles and is spacious with room for a king bed, side tables and bureau. The second bedroom is also generously sized with two windows, another Mitsubishi Hevy split-system air conditioner, remote controlled ceiling fan and tiles throughout.
But the highlight of this apartment and the recent renovations is the bathroom, with barn style door and heated towel rack, you will enjoy your time in this bathroom. It is a couple’s dream with his and her showerheads, recessed wall shelf, large glass petition, floor-to-ceiling stylish large grey tiles, timber vanity with soft close draws, new toilet and heat lamps.
Outside, an undercover private courtyard overlooks the fully-fenced backyard. The grassy yard wraps around the unit in a C to the front, where there is a large grassy front yard and large undercover gated carport. The gardens are easy to maintain and there is also a separate garden shed.
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Located at the end of a neat and tidy, exclusive four-unit complex, in sought-after East Mackay, this unit is a first home buyer’s dream come true.
In a quiet, residential street, within walking distance of Queens Park, Foodworks and only a three-minute drive from Mackay CBD, this unit offers central city living without the hustle and bustle in a beautifully renovated apartment.
The current body corporate fees for this property are $546.75/quarter, reducing down to around $484.25. Body corporate management has chaged from Estate Plaza to BCS (Body Corporate Services). The body corporate fee’s are inclusive of the building insurance and sinking fund. Mackay Council Rates for this unit are approximately $902/half year.
Currently tenanted at $445/wk until November 2022 which is a gross yield of approximately 7.1%, to take advantage of this exclusive opportunity to purchase this immaculately renovated apartment in sought-after East Mackay, contact Benjamin from Baileux today, to arrange your inspection. Ph. 0400 989 161 or benjamin@baileux.com.au.
See a full list of all properties for sale with Baileux here.
