7 Peel Street, Mackay, Qld 4740

Offers From $1,900,000

Block Of Units
Type
15
Bedrooms
7
Bathrooms
7
Parkings
1,012 m²
Area

Last updated on Saturday, June 20, 2026 ( See property details for 7 Peel Street, Mackay, Qld 4740)

Offers From $1,900,000

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

A high-performing, multi-income investment opportunity in Mackay's prime CBD fringe, offering strong rental demand and future growth potential.

🏡 Property Highlights

  • Prime CBD fringe location with unbeatable walkability
  • Comprises six 2-bedroom units and one 3-bedroom unit for broad tenant appeal
  • Located directly opposite Mackay's major retail hub, Caneland Central
  • High demand area with exceptionally low vacancy rates
  • Strong potential for immediate income and long-term capital growth
  • Situated in a resilient regional economy supported by diverse industries

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Internal Laundry
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Mackay is a vibrant regional city renowned for its diverse economy, including coal mining, sugar cane, agriculture, and fisheries. The suburb offers excellent walkability, proximity to major retail and leisure amenities, and a strong rental market. Its resilient economic base ensures ongoing demand for quality accommodation, making it an ideal location for property investment. The area combines lifestyle convenience with growth potential, attracting both tenants and investors alike.

What is the current occupancy rate of the units?
The property benefits from high demand and consistently low vacancy rates, ensuring reliable income for investors.
Are there any recent renovations or upgrades?
The property is well-maintained, with ongoing upkeep to ensure it remains attractive to tenants, though specific recent upgrades are not detailed.
What are the typical rental yields for similar properties in Mackay?
Rental yields in Mackay are generally strong due to high demand, with the exact yield depending on current market conditions and rental rates.
Is there potential for future development or expansion on the site?
Any development potential would require further investigation with local planning authorities to confirm zoning and development restrictions.
What are the property management options available?
Investors can engage local property management services to handle tenant sourcing, maintenance, and rent collection, ensuring a hands-off investment experience.
Are there any existing easements, zoning restrictions, or planning overlays affecting the property? What are the current council rates and any additional levies or fees? Are there any known issues with the property's structure, plumbing, or electrical systems? Is there any history of flooding or bushfire risk in the area? Are there upcoming developments or construction projects nearby that could impact the property’s value or tenant appeal? What are the terms of the current tenancy agreements, and are there any rent guarantees? Are there any strata or body corporate fees applicable to this property? Has the property been inspected recently for pests or other maintenance concerns? Are there any restrictions on pet ownership within the units? What are the long-term growth prospects and market trends for this area?

7 Peel Street, Mackay, Qld 4740 - More Details

Offers From $1,900,000

Type
Block Of Units
Bedrooms
15
Bathrooms
7
Parkings
7
Area
1,012 m²

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