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Unique Investment Opportunity – West Mackay
A very unique property presents to market at 32 Holland Street, West Mackay. This property is of “mixed-use” consisting of a residential house and a shopfront both with favourable returns for any savvy investor.
House
The external of the highset home gives a false impression with the internal of the home presenting as a beautiful Queenslander with gorgeous polished floors, high ceilings, ornate arches, VJ walls, picture rail, french doors and traditional sleepout areas. There are 3 rooms that traditionally would have been called “sleepouts” all are their own private space with no shared entries which can be common in the Queenslander style home, a very large main bedroom with box air conditioning and a large walk-in robe style storage area, there is a large bedroom with a full wall of built-in robes, the lounge and dining are combined with a large air conditioning unit and an entry/office to the front, the kitchen has been renovated and is generous in size with direct access to the rear timber deck. There is one bathroom at the rear of the home close to the external deck which is great for entertaining. The under of the home is perfect for storage and has potential for further renovation. A surprise to the rear yard is the inground concrete pool which still leaves room for yard play. This property is on a corner block with numerous access options. Leased until March 2022 at $1,950 per month.
Shopfront
The big bright pink shop is a very popular location for all Dance Mums & Dads across Mackay with the business running from this location for over 20years. Off-street parking is perfect for customers and the shopfront does not impede on the privacy of the residential tenancy or vice versa. The current tenancy is returning $1790.37 per month and is secured until 2026. *The business is NOT FOR SALE*
Appealing to investors or homeowners looking to benefit from the income generated by the shopfront that can assist the mortgage payments.
Currently returning $44,884.44 per year this is a great opportunity to invest!
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 Features
- House
- 5 bed
- 2 bath
- 1 Parking Spaces
- Land is 802 m²
- Garage