Unit 1, 90 Commander Parade, Bucasia QLD 4750 – SDA

$612,000

  • 2
  • 2
  • 1
  • SDA

This full turnkey SDA compliant unit’s construction is due to be complete in January 2024!

Bucasia is a coastal suburb located in the city of Mackay, Queensland, Australia. Situated approximately 17 kilometres north of Mackay’s central business district, Bucasia is known for its beautiful beaches and relaxed seaside lifestyle. The suburb offers a mix of residential areas, parks, and recreational facilities, making it a popular destination for both locals and visitors seeking a coastal retreat with access to amenities and natural beauty.

Mackay Investment Highlights:

  • Average income is 28% higher than the Australian average
  • Economic Diversity:
    • Mining – 38 new projects in the region providing 10,000 new jobs
    • Agriculture – Four sugar mills including the second largest company in the world
    • Commercial Fishing
    • Tourism – Gateway to the Great Barrier Reef
  • Housing Demand: Due to population growth Mackay needs to increase its number of dwellings by 70% by 2031

Don’t miss out on this rare and nearly complete SDA property, it won’t be around for long!

Overview

  • $2816.69/m

  • 5.15%

  • 10.82%

  • 0.75%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area138.06 m²
Title StatusRegistered
Contract typeSingle
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$588.91/m
Rental Income*$5520.16/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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