1 Margaret Street, Mackay, QLD, 4740, Australia

Current rent $480 per week return on the purchase of the home is at the asking price represents a great return for the investor- Genuine Character Design Queenslander is waiting for redevelopment, The land is 802 square meters ON a corner meaning the potential for a Duplex or 2 x Homes in an innercity Location.

Purchaser Discovery is required for the development unit site as to how many units could be placed on the allotted area being a corner, possibly saving the 'Historical Dwelling' & Build a Home on the Romeo Street side.
These Q/landers that are unmolested via poor upgrades are rarely available, This home has a wide verge green area so this could be quite a beauty as either a 'Living Residence' - 'Work from home' UNDER application or 'Possible change of Rezoning' to capture the shop from over the road capabilities already established.

The current owner has updated the Vanity - Bench Tops - Floating Floor in areas - Repairs and the House is Smoke Detector & Safety Switch Compliant.

Actual written log book record near power box of works completed in its heyday. It is a potential development site to save our rich history, 'Do Not Delay' as many of the CBD close properties being sold are being developed into other options.

Features of the home are as follows,
� Tongue & Groove High Ceilings + Front Entry Statement Verandah (Will need to be bought back to original concept)
� Two bedrooms + Separate Sleepout from Verandah (doorway) - All rooms have their own doorways windows & fans
� Upstairs bathroom - Toilet Plus downstairs toilet & shower (poor condition) (This means 2x Wet areas in place)
� Renovated kitchen overheads benchtops, appliances and located at the rear of the dining area
� New Airconditioning to Bed 1 - New Paint to verandah - Sleepout and as well Kitchen - Dining Room
� Storage under the home (Notice all posts are either Cement 1960s onwards or Round+ Square Pipe (good condition)
� Wire fencing surrounding the home with gates + not approved carport to the side of the home (Can be deleted or kept)

Owner request for a preapproval letter to be supplied as the home is rented and Owner wants only ready-to-purchase viewers for investment (CASH you must supply a letter from your Bank)
Call Joe Morabito today to book your inspection!

Disclaimer. All information contained herein is gathered from sources we believe to be reliable, However, we cannot guarantee all accuracy and interested parties should rely on their own inquiries.