Two year old subdivided Duplex situated 11k’s distance to the Mackay CBD. These 2 homes includes 2 x 8-Yr NRAS incentives from Connect Housing.

Perfect for SMSF buyers with balances of $200,000 to cover deposit and stamps.

Mackay is one of the fastest growing regions in Queensland. As a tropical gateway to the Great Barrier Reef and Coral Sea, Mackay continues to attract holidaymakers, property investors, families and jobseekers.

Located in Central Queensland, Mackay is 980km north of Brisbane & 390km south of Townsville. Mackay is serviced by a domestic airport with daily flights between Brisbane, Gold Coast, Sydney and Melbourne as well as regional destinations such as Cairns, Townsville, Rockhampton and Gladstone.

The Mackay Region boasts a desirable lifestyle and a buoyant economy. It is a prosperous and growing region underpinned by a strong economic base, and continues to experience economic growth through mining, agriculture and tourism.

Its coastal location is complemented by a spectacular natural environment including 31 beautiful beaches, a picturesque blue river and a pristine rainforest hinterland.

Mackay was rated 10th in Australia’s top 10 family friendly cities, ahead of Townsville, Cairns and Brisbane.

Population

Mackay’s current estimated resident population of 121,909 (30 June 2013) has been predicted to increase by over 60,000 by 2036.

Population rate for Mackay sits at 2.3% while Queensland sits at 2.0%.

The average age in Mackay is 35.8, approximately 2 years below the Australian average.

Employment

In January 2014, the unemployment rate was 5.0% for Mackay in comparison to the state average of 5.5%

There have been 383,000 job additions within the Mackay region over the past ten years.

Mining, retail, manufacturing and construction are the most common industries of employment in Mackay.

Economy

In 2014, major projects contributing to current engineering investment to the Mackay region include (MacroPlan, 2014):

Peak Downs Highway improvements – $120million

Curra to Sarina Road – $100million

Hay Point Stage 3 – $525million

Mackay Co-Generation Electricity Plant – $120million

Various coal freight transport projects – $1billion+

Exclusive to Empower Housing Group, this tenanted duplex is 3br + 1br each with its own single car garage.

Rents 2017:

3br – $270pw market less approx 20% NRAS from Connect = $215pw
1br – $200pw market less approx 20% NRAS from Connect = $160pw

Total NRAS rents $375pw + $424pw NRAS value = $799pw or $41,548pa

Lease details:

1/57 Phoenix Crescent
LEASE – 09/01/2017 – 08/01/2018

2/57 Phoenix Crescent
LEASE – 23/02/2017 – 22/02/2018

Property growth as at May 2017 – 1.35% source CoreData

Gross rental yield – approx 6.49%

Weekly expenses including property management, insurances, NRAS fees, council rates – $210

Estimated Annual Cash Positive after all expenses of $13,000+ (based on $82,500 income pa)

Estimated Annual Tax Savings of $32,000 (includes negative gearing and NRAS tax benefits)

Contact Robert on 1300 859 075 for full details on this opportunity. Visit the website empowerhousing.com.au