Modern Dual-Income Investment - 9.88% Return, Prime Mackay CBD Location!
Welcome to 48/23 Alfred Street, a modern dual-key apartment delivering style, space, and unbeatable returns right in the heart of Mackay's city centre. Perfectly positioned within walking distance to the Caneland Central Shopping Centre, Bluewater Lagoon, and the city's vibrant café scene, this property promises exceptional convenience and strong rental demand.
This impressive apartment offers two self-contained residences under one title - giving you the flexibility to live in one and lease the other, or enjoy a combined income of $950 per week ($590 + $360 per week), which equates to a remarkable 9.88% return at a $500,000 purchase price.
Step inside to discover a fresh, light-filled design featuring:
• Two modern kitchens with stainless steel appliances and stone bench tops
• Three spacious bedrooms with mirrored built-ins and air-conditioning
• Two contemporary bathrooms with quality finishes
• Open-plan living and dining flowing to private balconies with city and district views
• Secure complex with lift access, intercom system, and allocated parking
Whether you're an astute investor seeking excellent yield, or a downsizer or professional looking for low-maintenance living in a prime location - this property offers the best of both worlds.
With Mackay's rental market continuing to tighten and infrastructure growth surging, opportunities like this are rarely seen.
Offers from $499,000 - this dual-income beauty won't last long!
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.
