33/8 Petrie Street, East Mackay QLD 4740

gated coastal compound | 467sqm lowset with pool | four-bedroom modernised townhouse | near Illawong Beach The buying case here rests on scarcity within a gated beachside enclave, where a fully renovated four-bedroom layout with three car spaces and a saltwater pool delivers a rare combination of space and low-maintenance finish. The new kitchen with butler’s pantry and induction cooking signals a property that has been upgraded to current owner-occupier standards, not merely refreshed. Ducted air conditioning and solar panels reduce ongoing costs, which matters in this climate. This property suits a family or downsizer seeking a lock-and-leave coastal home with genuine separation between bedrooms and living zones, and the gated setting provides a privacy buffer that open-street houses lack. The bushfire and flood overlays are the primary risks, and they will affect insurance premiums and resale buyer pools—any buyer should obtain a full insurance quote before exchange. The estimated value of $864,000 against the $979,000 list price suggests a negotiation gap that must be closed through comparable sales analysis of similar renovated townhouses in gated complexes, not standalone houses. Rental return of $750 per week is modest for the price, so this is not a high-yield investment. The property is best held as a permanent residence or a long-term coastal retreat where lifestyle value offsets capital growth that will track the broader Mackay market rather than outperform it.