2/1 Kennedy Street, South Mackay QLD 4740

Small complex unit | Flood overlay present | Sound rental yield | Post-2021 kitchen renovation The flood overlay introduces a tangible risk, likely impacting insurance premiums and future capital growth, which must be costed precisely. However, the property’s strong rental yield, estimated around 6%, provides a solid income foundation to offset holding costs. This positions the unit as a cash-flow positive investment, best held for medium-term income rather than speculative short-term gain. Its competitive strength lies in the modernised interior within a low-maintenance brick complex, a rarity in this price segment. The fully fenced courtyard and secure garage cater specifically to investors seeking a turnkey property for professionals or small families, capitalising on consistent rental demand from the local school catchments. This is a pragmatic purchase for an investor prioritising yield over premium growth. To proceed, a structured due diligence process on the flood impact and body corporate health is the essential next step.