48/23 Alfred StreetMackay QLD 4740
Property Details for 48/23 Alfred St, Mackay
48/23 Alfred St, Mackay is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Mackay in the last 12 months.
Last Listing description (November 2025)
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.
Property History for 48/23 Alfred St, Mackay, QLD 4740
- 12 Nov 2025Sold for $527,000
- 22 Oct 2025Listed for Sale SOLD BY CHRISTIAN VANAMO - 0422 551 472
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 3,527 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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