Back 59/4 Nelson Street
Off Market

59/4 Nelson Street

Mackay QLD 4740

3
2
1
147 m²
Apartment
Sarah ElvinSarah Elvin, last sold this property on 19 April 2024 after 235 days on market.

Overview

NO VACANCY

An investors fantasy is to know that your investment will not let you down, the Lanai Apartments would have to be at the top of your shopping list for any investor looking for an investment with solid returns. Apartment 408 is a 3 bedroom 2 bathroom unit, with River Views and a huge 147m2 area size. This fully furnished, CBD apartment is a walk in walk out business offering gross returns of up to just shy of $75,000. In turn once Rental expenses have been taken out this Investment had a Rental Net Profit of $43,957 Perfectly located and central to Caneland Shopping Centre, Mackay CBD, The Blue Water Lagoon and it backs on to the Blue Water Trail. Property Features include: Air Conditioned throughout Large Expansive Modern Unit with 147m2 floor area Lifestyle living with big balcony which enjoys protection from the afternoon sun Luxurious ensuite with separate shower and bath tub Access to the resort style swimming pool, Gym, Sauna and BBQ area Conference room also available CBD location close to facilities and attractions Attractive investment with great returns Features its own Secure lock up garage For further information and to learn more about this opportunity contact: Alan McNamara 0414 655 551 Steve Jackson 0410 589 946 sales2@visionrealestateqld.com.au

Features

3 bedrooms
2 bathrooms
1 carspace
147 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Mackay over the last 12 months, the estimated median property value of 59/4 Nelson Street is $790k.

Median value
$790k
Estimated value range
$605k - $1m
Median days on market
94
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in 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 59/4 Nelson Street

2024
Sold
Undisclosed
Private Sale/Treaty on 19 Apr 2024 by Sarah Elvin, of Vision Real Estate Qld Pty Ltd

Happy sellers in Mackay

96%
96% of sellers in Mackay reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 34 reviews in Mackay over the last 12 months.

Local market activity for 3 bedroom apartments in Mackay

In the last 12 months, 15 three-bedroom apartments similar to 59/4 Nelson Street, have been sold.

This represents a 7% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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