Three buys under $400k

Are you looking to buy your first home? Or maybe you’re looking for an investment property?

Regardless, if purchasing a property in Mackay for under $400,000 is something you’re interested in doing, then we have three buys for you.

>>READ MORE: 13/3 Kirribilli Avenue, East Mackay

1.Dual key three-bed apartment in stylish beachfront complex for $389,000

Luxurious beachside living doesn’t get any better than this three-bedroom apartment in the modern beachfront apartment complex, Pacific Sands.

With views towards the Coral Sea and the Pioneer River, luxurious Pacific Sands has a fabulous resort-style inground swimming pool and BBQ area and just a few minutes by car or short pleasurable bike ride along the Esplanade and the Bluewater Trail to the Mackay CBD.

Built in 2015, Pacific Sands is new and stylish and this spacious apartment has been cleverly designed and beautifully appointed with state-of-the-art appliances, crisp white walls and earthy-toned tiles and cabinetry.

Located on level two, with three generous bedrooms, each with built-in robes, air conditioning, ceiling fans, plush carpet, sliding windows and floor-to-ceiling blackout curtains, this apartment is more like a house in terms of size and space.

This apartment’s point of difference is the dual key living with a spacious master suite in one fully-self contained unit and two bedrooms, one bathroom, lounge, dining and kitchen in the other. With its own front door, a built-in kitchenette, a lovely large ensuite with glass enclosed shower, big vanity and toilet, room for a desk and a sliding glass door opening up onto the undercover balcony, Unit 206B is a standalone one-bedroom studio apartment while Unit206A features the two other bedrooms, a roomy bathroom with shower, vanity and toilet and the open plan living, dining and kitchen.

The light and airy open-plan living, dining and kitchen area has plenty of room for couches, a TV and a large dining table and flows out onto the undercover balcony with room for a six-seater table via security-screened sliding glass doors. The one-wall kitchen is so simple and practical in its design that there is ample under-the-bench and overhead storage space, two floor-to-ceiling pantries, stainless steel dishwasher, a state-of-the-art oven and a glass cooktop.

All finished in stylish timber cabinetry, creamy stone benchtops and glossy white tiles, this kitchen is as beautiful as it is functional.

Towering above the neighbouring properties, Pacific Sands is an impressive modern building and this apartment offers the lucky new owners delightful, relaxed low-maintenance beachside living.

Some of the benefits of this stylish three-bedroom beachside apartment:
> Dual key
> UnitB features a large bedroom, kitchenette, ensuite and balcony
> UnitA features two generous bedrooms, a bathroom, kitchen, lounge, dining and balcony
> Modern apartment block built in 2015
> Air conditioning
> Built-in robes
> Dishwasher
> Intercom
> Inground pool
> BBQ area
> Secure and enclosed car parking for the complex
>Internal European laundry with washing and dryer machines
> Walking distance from the beach
> Five-minute drive to CBD
> Low maintenance, secure, beachside living

The current tenancy is $700/wk from 05/05/2023, which is an outstanding gross yield of approximately 9.3% or there is on-site hotel management/letting for short-term stays with their nightly rates being up to $350/night.

Mackay Council Rates for this apartment are approximately $1760.50/half year and body corporate fees are approximately $11,200/year.

>>READ MORE: 1/1A PICCOLO STREET, NORTH MACKAY

2. Spacious three-bedroom townhouse in North Mackay for $365,000

This beautifully presented three-bedroom, double-storey townhouse is in a stylish and modern complex at the end of a quiet no-through road in the heart of sought-after North Mackay. One of six townhouses in the exclusive complex, this spacious townhouse has been cleverly designed and well-appointed and boasts light-airy rooms, polished timber floorboards and air conditioning.

On the ground floor is a large functional kitchen, a generous living/dining area and a covered outdoor entertaining area. The modern kitchen has ample under-the-bench and overhead storage including a single-door full-sized pantry. The huge island bench provides plenty of prep space and doubles as a breakfast bar with room for stools. There is a state-of-the-art gas cooktop and stainless-steel oven. The kitchen overlooks the spacious open-plan living/dining with a large sliding glass door that opens out onto the very private undercover entertaining area.

With glossy floortiles throughout and air conditioning and a ceiling fan, this open-plan living/kitchen area is crisp and cool.

Up the sweeping internal timber staircase is the second floor with three-generous bedrooms. The master bedroom features a spacious ensuite with shower, toilet and vanity and a huge walk-in-robe with built-in storage. The room has beautiful polished timber floorboards, crisp white walls and two sliding glass windows with roller block-out blinds, air conditioning and a ceiling fan.

The other two bedrooms are also light and bright and feature built-in robes, air conditioning, ceiling fans, timber floorboards and sliding glass windows with roller block-out blinds. They share a large family-sized bathroom with a shower over the bath, toilet and vanity. There is also a separate laundry area and extra storage.

The townhouse has secure off-street parking for two cars, one in a remote-controlled lock-up garage and the other in an undercover carport that can instead be used as another undercover entertaining area.

With established evergreen gardens, a pebbled concrete driveway and a stylish white and grey modern exterior, this townhouse complex has commanding street appeal. Positioned at the end of a quiet no-through road in the heart of North Mackay, this well-presented family townhouse is close to the Goose Ponds parklands and North Mackay shopping centre. North Mackay has so much to offer in the way of schools, shopping, cafe and retails and this property has lots to offer tenants, with all of this, the Central Qld University, Mackay Whitsunday College (boarding is available) and a multitude of other excellent schools and hospitals also well regarded and easily accessible.

Some of the benefits of this beautifully presented, three-bedroom, double-storey townhouse:
> Three bedrooms
> Two bathrooms
> Large kitchen
> Open plan living area
> Private undercover outdoor entertaining area
> Single remote-controlled lock-up garage
> Separate laundry
> Undercover carport
> Polished timber floorboards
> Air conditioning
> Ceiling fans
> Walk-in robe in master
> Built-ins

This townhouse is currently tenanted with a rental return of $480/wk. The current is on a six-month lease though until the 20th of July 2023 and the gross yield for this investment is approximately 6.8%

>>READ MORE: 10 McKenny Street, South Mackay

3. Three-bed home in central Mackay location for $360,000

Enjoy the city life in this quaint three-bedroom home, just a quick five-minute drive from Mackay’s CBD. Situated in a quiet street, this home offers a great lifestyle for the small family or for someone looking to downsize with polished Mackay Red Cedar floorboards, three good-sized bedrooms plus an office. A modern kitchen was recently added to the home.

This property has a big carport with lots of room for vehicles and comes with a decent-sized yard, sitting on a block of 793m2. The yard would be great for the avid gardener and someone who appreciates good quality mangos with a beautiful Kensington mango tree, which when in season produces some of the best mangos around.

This Mackay property has lots to offer the prospective buyer/s, with the Mackay CBD in walking distance and the Central Qld University, Mackay Whitsunday College (boarding is available) and a multitude of other excellent schools in close proximity. The Base and Mater Hospitals are also well-regarded and easily accessible.

Some of the benefits of this three-bedroom home in a central location:
> Three good-sized bedrooms
> Office
> Modern kitchen
> Polished Mackay Red Cedar floors
> Big backyard fully fenced
> Heaps of undercover off-street parking
> Excellent location within a quick walk to everything

10 McKenny Street is currently tenanted with a rental return of $415/wk. The current is on a 12-month lease though until the 11th of November 2023 and the gross yield for this investment is approximately 5.9%. Current rental appraisal for this property is $465/week which will increase the yield to approximately 6.7% on lease renewal.

To take advantage of one of these three exclusive opportunities to purchase a property in Mackay for under $400,000, contact Benjamin from Baileux on 0400 989 161, or email benjamin@baileux.com.au today, to arrange your inspection.

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Three buys under $400k