Back 29 Penn Street
Off Market

29 Penn Street

South Mackay QLD 4740

3
2
2
100 m²
402 m²
House
Last sold for $445,000
Nikita KinnaneNikita Kinnane, last sold this property on 28 July 2025 after 40 days on market.

Overview

SOLD BY NIKITA KINNANE - 0401 928 281

Smart start with income potential Step inside and discover a home that offers more than just a roof over your head-it's a smart start with income potential. Upstairs, everything feels fresh and inviting, soft paint tones lift the walls, and a cool breeze flows from the large covered deck into a spacious living area fitted with air conditioning and room to relax. The kitchen is a standout, built for the cook who loves to entertain-with a 6-burner gas stove, loads of bench space, and a walk-in pantry ready to be stocked with your favourites. There's space for the whole crew too-with four bedrooms plus a central bathroom and separate toilet. Downstairs is where the opportunity really shines. Already self-contained with its own kitchen, bathroom, and two versatile rooms, this tenant has been in place since 2020. It's separately metered for power and gas and enjoys its own private verandah for relaxed outdoor meals or quiet afternoons. There's also a shared laundry and added insulation between the levels-ideal for peaceful living. Currently the property is fully tenanted, upstairs and downstairs tenants on one private, periodic lease at $500 per week. Yes, the downstairs space could use some modern love, the upstairs bathroom needs a re-seal, and the roof will require attention-but the return and potential here are undeniable. On a fully fenced 402sqm block with garden shed and off-street parking for two, this property is quietly positioned close to shops, schools, parks and sporting clubs. For first-home buyers or savvy investors, it's a rare find: live in, rent out, add value. This is your chance to enter the market with a little help along the way, contact Nikita Kinnane on 0401 928 281 to register your interest. Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, RE/MAX Select Real Estate will not be held liable for any errors or omissions in the above as all care is taken to ensure all information is correct at the time of publication. All interested parties should rely solely upon their own physical inspection of the property in order to determine whether or not this information is accurate.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
100 m² floor area
402 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in South Mackay over the last 12 months, the estimated median property value of 29 Penn Street is $605k.

Median value
$605k
Estimated value range
$445k - $810k
Median days on market
27
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Mackay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 29 Penn Street

2025
Sold
$445,000
Private Sale/Treaty on 28 Jul 2025 by Nikita Kinnane, of RE/MAX Select
2020
Sold
$285,000
Private Sale/Treaty on 23 Dec 2020 by Peter Francis, of Blacks Real Estate

Happy sellers in South Mackay

95%
95% of sellers in South Mackay reported that their sale price either exceeded or met their price expectations.

South Mackay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 41 reviews in South Mackay over the last 12 months.

Local market activity for 3 bedroom houses in South Mackay

In the last 12 months, 79 three-bedroom houses similar to 29 Penn Street, have been sold.

This represents a 24% increase in three-bedroom houses sales when compared to the previous 12 months.

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