Opportunity to Solve Some of the Housing Crisis in Mackay
Property Details
Description
DA Approved development site to create 26 Multiple Dwelling Units in the configuration of 13 Duplexes consisting of combinations of 3 Bedroom and 1 Bedroom Units.
An extraordinary opportunity for a Local or Interstate Investment Group to produce a staged high-quality development in a city demanding more accommodation with the support of the State and Federal Governments.
Holding Income from current properties:
1/167 Bedford Road, Andergrove
House Renting at $420 per week
Lot 7 on SP 120244 (Community Management Scheme 27325)
Sale Price $375,000
2/167 Bedford Road, Andergrove
4 Flats returning Rents Totaling $1550 per week
Lot 8 on SP 120244 (Community Management Scheme 27325)
Sale Price $950,000
165 Bedford Road, Andergrove (Freehold Lot)
1065m2 Vacant Land with no Generated Income
Lot 101 on 320423
Sale Price $250,000
The Owner is prepared to look at individual offer on each of the 3 properties, but his preference is to sell in one line at “Offers From $1.4 million”
Please email agent for IM
***The vendors and/or their agents do not give any warranty as to errors or omissions, if any, in these particulars, which they believe to be accurate when compiled.
Agent

Peter is a “Fellow” of the Real Estate Institute of Queensland with over 30 years of experience in the Mackay industry. Peter is a fully licenced Real Estate Agent and Auctioneer. During his career he has experienced all areas of the industry from residential sales and property management to commercial and industrial sales and leasing.
Peter’s philosophies and business strategies are simple in that you treat all of your clients and customers in a manner that you would expect in return and act in the best interest of the client at all times. When required to make decisions on behalf of landlords always treat their valuable investment property as if it was your own.
With personal experience in all areas of the industry and having been, at different times, a Buyer, Seller, Tenant, Landlord, Developer of Residential and Commercial Property himself, Peter believes the combination of these experiences will be of enormous benefit to all his clients.