1-8/96 Milton Street, Mackay, Qld 4740

Offers from $3.15m

Block Of Units
Type
17
Bedrooms
9
Bathrooms
8
Parkings
2,907 m²
Area

Last updated on Tuesday, June 30, 2026 ( See property details for 1-8/96 Milton Street, Mackay, Qld 4740)

Offers from $3.15m

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

A versatile block of eight renovated units on a substantial 2,907 sqm site with subdivision potential, located just minutes from Mackay's CBD and amenities.

🏡 Property Highlights

  • Eight recently renovated units with modern amenities and furnishings
  • Potential for subdivision and development of an additional 4-6 dwellings
  • Prime location within walking distance to Mackay's CBD and close to hospital and airport
  • Spacious 3-bedroom townhouse with exclusive yard and large rumpus room, ideal for on-site management
  • All units equipped with high-quality split-system air conditioning
  • Low ongoing body corporate fees with an established but inactive body corporate

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Ensuite
  • Security Screens / Gates
  • Fly Screens
  • Extra Storage (Shed/Linen)
  • Waterfront / Views

Mackay is a vibrant regional city offering a strong community atmosphere, excellent amenities, and strategic location. Key points include: proximity to the CBD, easy access to healthcare and transport, a growing rental market, diverse local amenities, and development opportunities within a friendly neighbourhood environment.

What is the current rental income and occupancy status?
The property generates a total of $4,475 per week from fixed-term tenancies across all eight units, with all units currently leased.
Are there any development restrictions or approvals in place?
A town planning site assessment is available, indicating potential for subdivision and additional dwellings, subject to council approval.
What recent upgrades have been made to the property?
All electrical circuit boards have been upgraded in the past 12 months, and all units have been recently renovated with modern fixtures and furnishings.
What are the ongoing costs associated with the property?
Council rates are approximately $1,825 per half-year per unit, water bills are around $123 per half-year for the entire building, and the body corporate is established but currently inactive with no additional fees.
Is there potential for further development or expansion?
Yes, the flat land offers subdivision and development potential for 4-6 additional dwellings, with a town planning site assessment available.
Are there any hidden costs or upcoming maintenance expenses not disclosed? Have all necessary planning and building approvals been obtained for current renovations and potential subdivision? Are there any zoning restrictions or easements affecting the development potential? What are the flood or bushfire risks associated with the property? Is there any ongoing or planned construction nearby that could impact the property? Are there any strata or body corporate considerations that could incur future fees? What are the terms of the fixed-term tenancies, and are there any lease renewal conditions? Are there any restrictions on property modifications or extensions? Has the property been inspected for structural issues beyond the recent reports? Are there any local council or community plans that could influence future development or value?

1-8/96 Milton Street, Mackay, Qld 4740 - More Details

Offers from $3.15m

Type
Block Of Units
Bedrooms
17
Bathrooms
9
Parkings
8
Area
2,907 m²

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