2/4 Symons Street, South Mackay QLD 4740

This unit is in an ideal location close to the city center. With only 5 in the complex and good body corporate fees makes for a good investment. Currently leased for $450 per week until 17/9/2026.

This unit enjoys a coveted position in South Mackay, a suburb that's become one of the region's standout performers for both capital growth and rental demand. In 2025, South Mackay has recorded strong annual growth (~ 24.8%) and a gross unit rental yield of ~ 6.7%.

Low vacancy rates across the region reflect high demand from renters - a testament to area-wide rental tightness - helping ensure reliable cash flow.
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Beyond numbers, South Mackay offers residents easy access to local amenities, coastal lifestyle appeal, and proximity to the broader economic and infrastructural developments underway in the region - all of which support long-term demand for quality rentals.

Key features of the unit
2 bedrooms, 1 bathroom - a size ideal for singles, couples or small families seeking manageable living space.

Carport at the rear + storeroom - secure, off-street vehicle parking at the rear, with extra storage room, offering convenience and security.
Separate laundry - a practical advantage many tenants appreciate for cleanliness and convenience.
Large private courtyard - outdoor living space that adds lifestyle value, privacy, and appeal to those wanting a bit of garden/yard without the upkeep of a full house.
These features combine to make this unit more versatile and attractive than typical "basic" apartments: the courtyard and storeroom add lifestyle and utility value, while the separate laundry and dedicated carport/storeroom are strong practical advantages for tenants.

Strong yield potential: With a suburb gross unit rental yield around 6–7%, this unit is well positioned to deliver steady rental income, potentially covering mortgage repayments and generating positive cash flow.

Capital growth momentum: South Mackay has shown robust price appreciation over the past 12–24 months. This suggests that over time, the property may appreciate in value - benefiting long-term investors.

High demand + low supply dynamics: The limited recent building approvals in the suburb compared to total dwellings means supply remains tight - which supports continued rental demand and value stability for existing properties.

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.