1-4/42 Binnington Esplanade, East Mackay, Qld 4740

For Sale

1-4/42 Binnington Esplanade, East Mackay, Qld 4740-Image

1-4/42 Binnington Esplanade, East Mackay, Qld 4740

Auction

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

862 m²

Area

Last updated on Saturday, May 23, 2026 ( See property details for 1-4/42 Binnington Esplanade, East Mackay, Qld 4740)

Auction

Matthew Paul - Real Estate Agent - Gardian Real Estate - MACKAY

Matthew Paul Sales Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare beachfront investment opportunity comprising four units with stunning Coral Sea views, offering immediate income and future development potential in Mackay's premier coastal locale.

🏡 Property Highlights

Uninterrupted beachfront and Coral Sea views in a highly sought-after coastal location
Rare block of four units with a versatile mix of 1- and 2-bedroom configurations
Strong rental income of approximately $83,000 per annum with immediate income stability
Generous 862sqm allotment with additional storage sheds for tenant convenience
Recent improvements completed, ready for immediate occupancy or further development
Prime position within the Mackay Waterfront Priority Development Area offering future development potential

✨ Key Features

Outdoor Area
Built-in Robes
Garage
Open-Plan Living
Waterfront / Views
Secure Parking
Storage sheds
High-Speed Ready
Pet-Friendly
Ensuite

Suburb and Property Insights of East Mackay, QLD 4740

East Mackay offers a vibrant coastal lifestyle with direct beach access, scenic pathways, and proximity to the CBD. The area is highly desirable for both residents and investors, boasting strong rental demand and ongoing development opportunities. Its picturesque setting along the Coral Sea makes it a premier location for lifestyle and investment. The neighbourhood features parks, walkways, and a relaxed coastal atmosphere, ideal for those seeking a high-quality seaside living experience.

Frequently Asked Questions

What is the current condition of the units and are there any planned renovations?

The units have recently undergone improvements, ensuring immediate comfort and rental readiness. Further renovations or upgrades can be considered to enhance value.

What are the zoning and development restrictions for this property?

The property is located within the Mackay Waterfront Priority Development Area, allowing for potential future mixed-use or multi-residential development subject to council approvals.

What is the current rental yield and vacancy rate for similar properties in the area?

The property currently generates approximately $83,000 annually, reflecting strong rental demand in this high-demand coastal location.

Are there any easements, covenants, or restrictions affecting the property?

Details regarding easements or covenants are not specified; prospective buyers should conduct their own due diligence with relevant authorities.

What are the nearby amenities and lifestyle features available to residents?

The property is close to parks, pathways, the CBD, and enjoys direct beach access, offering a relaxed coastal lifestyle with scenic views and recreational opportunities.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses associated with the property? Has the property been assessed for flood or bushfire risks given its beachfront location? Are there any planning or zoning restrictions that could limit future development or renovations? Is there any history of structural issues or defects in the units? What are the strata or body corporate arrangements, if applicable, and their associated fees? Are there any ongoing or planned nearby construction projects that could impact the property? What are the noise levels and neighbour relations in this coastal area? Are there any easements or rights of way that could affect the use of the property? Has the property been checked for compliance with all local building and safety regulations? What are the long-term prospects for property value growth in this area?

1-4/42 Binnington Esplanade, East Mackay, Qld 4740 - More Details

Auction

Type: Block Of Units
Bedrooms: 6
Bathrooms: 4
Parkings: 4
Area: 862 m²

1-4/42 Binnington Esplanade, East Mackay, Qld 4740 - Point Of Interest

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Matthew Paul

1-4/42 Binnington Esplanade, East Mackay, Qld 4740

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