109 Sydney StreetMackay QLD 4740
Property Details for 109 Sydney St, Mackay
Last Listing description (October 2022)
TENANTED COMMERCIAL INVESTMENT PROPERTY with 7-year Lease Term
We are proud to present to the commercial investment market this quality tenanted property presenting the following key attributes:
Two-storey contemporary building, built in 2019
Net Lettable Area of 941m2, land 1030 m2
Net Rental Income $195,205 per annum
Leased on a 10-year term ending in October 2029, plus options
Leased to "Warrior, The Centre", fitness centre
CBD settings, opposite the CQU Campus
Expansive covered carpark & Lift
• Tax Depreciation Schedule available
Expressions of Interest closing Wednesday 14 September 2022 at 4pm
Contact the agent to request an Information Memorandum.
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.
Property History for 109 Sydney St, Mackay, QLD 4740
- 12 Oct 2022Sold for $2,900,000
- 08 Aug 2022Listed for Sale Expressions Of Interest - Closing 14 September
- 05 Jun 2013Sold for $435,500
Recent sales nearby
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0About Mackay 4740
The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2016 was 3659 people. By 2021 the population was 4026 showing a population growth of 10.0% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mackay work in a professional occupation.In 2021, 30.70% of the homes in Mackay were owner-occupied compared with 31.80% in 2016.
Mackay has 3,525 properties. Over the last 5 years, Houses in Mackay have seen a 82.28% increase in median value, while Units have seen a 87.73% increase. As at 31 December 2025:
- The median value for Houses in Mackay is $515,159 while the median value for Units is $412,903.
- Houses have a median rent of $488 while Units have a median rent of $450.
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