40 Arthur StreetMount Pleasant QLD 4740
Property Details for 40 Arthur St, Mount Pleasant
40 Arthur St, Mount Pleasant is a 10 bedroom, 6 bathroom House with 4 parking spaces. The property has a land size of 1106m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 10 bedroom House sold in Mount Pleasant in the last 12 months.
Last Listing description (November 2025)
Rare Triple-Income Investment - 3 Homes on One Title, Mount Pleasant
An exceptionally rare offering in one of Mackay's most sought-after suburbs, this property presents three large homes on one title - already producing strong rental income with long-term tenants in place, and outstanding future growth potential.
Investment Snapshot:
House 1 - 3 Bedrooms, 1 Bathroom, 2 Bedrooms + Living Room Air Conditioned. Currently rented at $620 per week until 09.09.2026.
House 2 - 3 Bedrooms, 2 Bathrooms, Fully Air Conditioned. Classic Queenslander with timber deck wrapping two sides. Currently rented at $620 per week until 28.02.2026.
House 3 - 4 Bedrooms, 3 Bathrooms, Fully Air Conditioned, High Ceilings & Polished Floors. Currently rented at $650 per week until 03.09.2026.
Total Gross Rent: $1,890 per week ($98,280 per annum).
Why This Property Stands Out:
Immediate income security - strong tenancies locked in through 2026.
Raised to legal height underneath - unlocks immediate equity growth by building in under each home.
Dual living potential - each home has scope for multi-generational living or rental diversification.
On one title - keep as a high-yielding multi-home asset or separate and form a body corporate to on-sell individually.
Premium location - walk to Mt Pleasant Shopping Centre and schools, one of Mackay's most desirable family precincts.
The Upside:
This is not just a buy-and-hold - it's a growth engine. Whether you:
Retain as a set and forget cash flow positive asset,
Add value through downstairs build-ins,
Convert to dual living layouts, or
Subdivide and sell individually for capital uplift...
…you're securing a rare, multi-dimensional investment with income today and equity growth tomorrow.
For investors seeking secure returns with undeniable future upside, this is an opportunity not to be overlooked. Expressions of Interest are now open.
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 40 Arthur St, Mount Pleasant, QLD 4740
- 15 Oct 2025Sold for $1,290,000
- 24 Sep 2025Listed for Sale $1290000
- 25 May 2018Listed for Rent $280 / week
Recent sales nearby
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About Mount Pleasant 4740
The size of Mount Pleasant is approximately 3.9 square kilometres. It has 9 parks covering nearly 5.5% of total area. The population of Mount Pleasant in 2016 was 4444 people. By 2021 the population was 4694 showing a population growth of 5.6% in the area during that time. The predominant age group in Mount Pleasant is 30-39 years. Households in Mount Pleasant are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Pleasant work in a professional occupation.In 2021, 66.30% of the homes in Mount Pleasant were owner-occupied compared with 67.60% in 2016.
Mount Pleasant has 2,259 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 70.61% increase in median value, while Units have seen a 79.75% increase. As at 30 November 2025:
- The median value for Houses in Mount Pleasant is $743,088 while the median value for Units is $434,524.
- Houses have a median rent of $690 while Units have a median rent of $500.
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