5/187 Alfred Street, Mackay QLD 4740

Inner-city secure complex | Flood overlay noted | 3 bed with ensuite | High ceilings & cedar floors | Moments to CBD This property presents a competitively priced, low-maintenance entry into Mackay’s inner-city living. Its configuration as a three-bedroom unit with two car spaces is a functional offering for a small family or professional couple, strengthened by quality finishes like cedar floors and ducted air conditioning that are uncommon at this price point. The location, moments from the CBD, positions it for strong rental appeal and caters to tenants seeking convenience over land. The reliable rental range underscores its investment logic as a hands-off income property. Proceed with explicit due diligence on the flood overlay, as this imposes specific insurance costs and potential future resale friction. The absence of recent comparable sales data requires a conservative valuation approach. This unit is best acquired as a long-term hold for yield, not short-term capital gain, given the inherent limitations of unit title growth. Its strength is cash flow, not land leverage.