Back 40 Arthur St
Off Market

40 Arthur St

Mount Pleasant QLD 4740

10
6
4
1106 m²
House
Last sold for $1,290,000
Sandra MacklinSandra Macklin, last sold this property on 04 November 2025 after 41 days on market.

Overview

Sandra Macklin - SOLD - Trusted Performance. Certainty Delivered.

Rare Triple-Income Investment - 3 Homes on One Title, Mount Pleasant An exceptionally rare offering in one of Mackay's most sought-after suburbs, this property presents three large homes on one title - already producing strong rental income with long-term tenants in place, and outstanding future growth potential. Investment Snapshot: House 1 - 3 Bedrooms, 1 Bathroom, 2 Bedrooms + Living Room Air Conditioned. Currently rented at $620 per week until 09.09.2026. House 2 - 3 Bedrooms, 2 Bathrooms, Fully Air Conditioned. Classic Queenslander with timber deck wrapping two sides. Currently rented at $620 per week until 28.02.2026. House 3 - 4 Bedrooms, 3 Bathrooms, Fully Air Conditioned, High Ceilings & Polished Floors. Currently rented at $650 per week until 03.09.2026. Total Gross Rent: $1,890 per week ($98,280 per annum). Why This Property Stands Out: Immediate income security - strong tenancies locked in through 2026. Raised to legal height underneath - unlocks immediate equity growth by building in under each home. Dual living potential - each home has scope for multi-generational living or rental diversification. On one title - keep as a high-yielding multi-home asset or separate and form a body corporate to on-sell individually. Premium location - walk to Mt Pleasant Shopping Centre and schools, one of Mackay's most desirable family precincts. The Upside: This is not just a buy-and-hold - it's a growth engine. Whether you: Retain as a set and forget cash flow positive asset, Add value through downstairs build-ins, Convert to dual living layouts, or Subdivide and sell individually for capital uplift... …you're securing a rare, multi-dimensional investment with income today and equity growth tomorrow. For investors seeking secure returns with undeniable future upside, this is an opportunity not to be overlooked. Expressions of Interest are now open. Disclaimer: The Agent does not give any warranty as to errors or omissions, if any, in these particulars. The provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Features

10 bedrooms
6 bathrooms
4 carspaces
2 carport spaces
2 garage spaces
1106 m² lot size
House

Estimated Value

We need at least 3 similar 10 bedroom houses sold in Mount Pleasant over the last 12 months.

Property history for 40 Arthur St

2025
Sold
$1,290,000
04 Nov 2025 by Sandra Macklin, of Mackay City Property
2016
Rented
Undisclosed
Leased on 18 Aug 2016 by First National 360 Mackay

Happy sellers in Mount Pleasant

92%
92% of sellers in Mount Pleasant reported that their sale price either exceeded or met their price expectations.

Mount Pleasant stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Mount Pleasant over the last 12 months.

Local market activity for 10 bedroom houses in Mount Pleasant

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