If you’ve travelled through North Mackay, chances are you’ve watched this home come to life. Extensive renovations have transformed the interior, while the generous corner block offers scope to build on the work already completed.
For investors, an existing tenancy at $700 per week adds immediate appeal.
Inside, a brand-new kitchen and bathroom are complemented by new flooring throughout, new internal walls and fresh internal paint. Three bedrooms plus a separate study or nursery to the left of the front entrance provide flexibility, while air-conditioning throughout adds everyday comfort.
The improvements extend to new front and rear stairs, new external timber weatherboards and a solid new boundary fence.
Outside, the 809m² allotment presents a clean slate. Large trees have been removed from the front and rear yards, opening up the grounds for landscaping and future improvements. There is plenty of off-street parking within the yard, although no undercover car accommodation.
Adding to the investment appeal, an application is currently progressing with council to subdivide the 809m² block into two separately titled lots. Subject to council approval and completion of the subdivision requirements, this could create the opportunity to retain the existing home and explore selling the rear lot or building an additional dwelling, subject to any further approvals required.
Positioned on the busy corner of Glenpark and Malcomson Streets, the property enjoys convenient connections towards the city, Harbour Road and Mount Pleasant. This is a high-traffic setting that won’t suit everyone, but buyers who value accessibility, rental income and further potential will find plenty to consider.
FEATURES INCLUDE:
• Three bedrooms plus a separate study or nursery
• New kitchen and bathroom
• New flooring throughout, new internal walls and fresh internal paint
• Fully air-conditioned home
• New front and rear stairs
• New external timber weatherboards
• New boundary fencing with three gate openings
• Generous 809m² corner allotment
• Plenty of off-street parking within the yard
• Application progressing with council to subdivide into two separately titled lots, subject to approval
• Currently tenanted at $700 per week
UTILITIES & PROPERTY DETAILS
• Power: Mains power supply only
• Water: Individually metered
• Communications: NBN FTTP
• Hot water: Electric
• Dwelling built: c. 1950
• Zoning: Low density residential
• Land area: 809m²
• Council rates: To be confirmed
• Rental income: Currently tenanted at $700 per week
• Lease expiry: 30.07.2027
There is still work to finish. The exterior remains unpainted, temporary gates are in place, and landscaping is yet to be completed. Beneath the home, the area remains undeveloped with a dirt surface.
Vehicle access is currently via the neighbouring property. The two gate openings along Glenpark Street do not have formed driveway access, which buyers would need to investigate before using these entry points.
With substantial improvements already made, rental income in place and room to make your own mark, 50 Malcomson Street offers an opportunity to take the next step in this home’s transformation.
ABOUT NORTH MACKAY
North Mackay offers a convenient base close to the city, with easy connections towards Mackay Harbour and Mount Pleasant. Its established residential streets, extensive green spaces and access to shopping, schools and recreational facilities appeal to a broad range of residents.
Contact Shirlz on 0419 786 414 for further information or to arrange an inspection.
Please note: While every effort has been made to ensure the accuracy of the information contained herein, no warranty is given and prospective purchasers should rely on their own enquiries. All measurements and details are approximate and intended as a guide only.
