40 Arthur Street, MOUNT PLEASANT QLD 4740
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 Features
- House
- 10 bed
- 6 bath
- 4 Parking Spaces
- Land is 1,106 m²
- 2 Garage
- 2 Carport


