• Sign Up
  • Log In
  • Login

    Forgot Password? Click here we`ll email it to you.

    Don`t have an account? Sign up here.

TheOnsiteManager.com.au
  • Home
  • Property Listings
    • Management Rights
      • Permanent Complexes
      • Resort / Holiday
      • Retirement
      • Off The Plan
      • Corporate
    • Hospitality
    • Investment Property
      • Investment Property In Labrador
      • Investment Property In South Brisbane
      • Investment Property In Surfers Paradise
      • Investment Property In Newstead
      • Investment Property In Helensvale
      • Investment Property In Bowen Hills
      • Investment Property In Hope Island
      • Investment Property In Bracken Ridge
      • Investment Property In Brisbane City
      • Investment Property In Runaway Bay
    • Rental Property
      • Rentals In Toowong
      • Rentals In South Brisbane
      • Rentals In Brisbane City
      • Rentals In Newstead
      • Rentals In Indooroopilly
      • Rentals In West End
      • Rentals In St Lucia
      • Rentals In Teneriffe
      • Rentals In New Farm
      • Rentals In Carindale
    • My Shortlist
  • Employment
    • Advertise a Vacancy (free)
    • View Vacancies
  • Directory Of Suppliers
    • Register Your Business As A Supplier (FREE!)
  • Industry Blog
    • Accounting and Finance
    • Body Corporate
    • Events and Social
    • General Interest
    • Tenants and Management
    • Legal
    • Hospitality
    • The Management Rights Market

621

Management Rights
For Sale

64

Motels / Hotels
For Sale

14

Caravan Parks
For Sale

841

Investment Property
For Sale

SOLD!
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • real estate Mackay
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph

Resort Style Living at its Best!

425,000

Apartment real estate, Mackay QLD

Situated in a premier location, this fantastic flow through two bedroom fully furnished residence with an enviable easterly aspect offers a stylish layout of expansive views taking in the Pioneer River precinct.

Located on the 4th floor and featuring a large balcony facing the river, it's the perfect for entertaining all your friends and family, and a great space to unwind after a long day and enjoy the views. With such a spacious floor plan, this apartment ensures there is always room for you to relax in your own private oasis. Open plan, the large living and dining area is illuminated with natural light. and full height sliding glass doors provide a seamless transition from this contemporary space out to the large balcony which is perfect for alfresco dining.

This apartment has an abundance of fantastic features such as fully ducted and zoned reverse cycle air conditioning as well as a functional floorplan. It also offers a balcony storage cupboard and a dedicated car park in the basement below.

If looking to expand your rental portfolio then this certainly ticks all the boxes as the complex presents as one of Mackay's premier strata complexes in Mackay. Several factors that astute investors look for come with this property - exceptionally high occupancy, consistently strong returns through short-term and permanent letting options, long-established management in place, comparable strata levies and an excellent tenant paying $600 rental per week.

Ideally located in Mackay's CBD area and within close proximity to the Blue Water Lagoon, Caneland Shopping Centre, river walk, and award winning restaurants, this apartment provides the perfect lifestyle opportunity offering a high quality, low maintenance option.

Apartment features include:
- Free flowing functional open plan living/dining area, opening onto an outdoor private balcony
- Stylish gourmet kitchen with Caesar stone bench tops and plenty of storage space
- European Bosch stainless steel appliances
- Ducted reverse cycle airconditioning
- Well appointed spacious master bedroom with Queen size bed, walk in robe with built in cupboard and designer ensuite (shower, double vanity, bathtub and toilet)
- Second bedroom featuring another Double bed and built in mirrored cupboards
- Study nook with built desk
- Second bathroom with quality Caesar stone top finishes, walk in shower, vanity and toilet
- Laundry area with washer and dryer
- Outdoor seating, perfect for casual entertaining

Onsite facilities include:
- Onsite manager
- Secure undercover car parking with CCTV in place for the common areas and complex entrance points (2 dedicated car spaces)
- 20 metre resort style swimming pool with adjacent sun lounges
- Large BBQ area with outdoor table and chairs
- Sauna and gym facilities with weight, exercise bike and treadmill
- Shower, bathroom and toilet facilities on ground floor
- Rubbish chute on each level
- Functions and conference room facility
- Dual lifts with swipe key security

This apartment is well presented and the quality fixtures and fittings serve to further enhance the presentation and design. An inspection is highly recommended, so call today on 07 4957 4401 to arrange a time that suits.

Disclaimer: In preparation of information for this listing we used our best endeavours to ensure that the information contained herein is true and correct but accept no responsibility and disclaim all responsibility in respect of any errors omissions inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

More Information

Property Overview

  • Category: Apartment
  • Details:   2    2     1
  • Price: 425,000
  • Area: 120m2

Property Features

  • Furnished
  • Gym
  • Balcony
  • Intercom
  • Air Conditioned

Investment Information

  • Gross Return: $ 32400
    How much does the property return in rent per year.
  • Net Return: $ 27884
    How much does the property return after all management expenses are deducted.
  • Yield: 7.62%
    The percentage of the Asking Price that the property delivers in Gross Return each year.
  • Guaranteed Return (PA): $ (not disclosed)
    Some managers offer a guaranteed rental return. If applicable, this will be detailed above.
  • Body Corporate Costs: $ 10170
  • Rates PA: $ 3522
  • Management Fee: 8%
    How much is charged as a management fee.
  • Cleaning Costs (PA): $ (not disclosed)
    Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.
  • Cable and Data costs (PA): $ (not disclosed)
    Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.
  • Location

  • Address: Lanai Riverside Apartments 405/20 River Street Mackay QLD
  • Inspection Times

    Listing Agent Contact Details


    Portrait

    Karen Nelson

    Mobile : 0429161...

    Send an Email:


    Similar Properties

    Listing Photograph $415,000

    Apartment Real Estate

    Mackay, Mackay

    A Perfect Investment Opportunity or a Place to Call Home! (21137122)

    • Area: 98m2
    • Returning (PA): $ 29,900
    • Yield: 7.20%
    • 2
    • 2
    • 1
    Listing Photograph Offers from $435,000

    Apartment Real Estate

    Mackay, Mackay

    Prime Location & Unmatched Convenience (21151143)

    • Area: 91m2
    • Returning (PA): $ 72,304
    • Yield: 16.62%
    • 2
    • 2
    • 1
    Listing Photograph Offers From $815,000

    Apartment Real Estate

    Mackay, Mackay

    Sky-High Sophistication – 49/26 River Street, Mackay (21152617)

      • 3
      • 2
      • 2
      Investment Property in Mackay
      Investment Apartments in Mackay
      Investment Units in Mackay
      Investment Townhouses in Mackay
      Investment Houses in Mackay
      Investment Villas in Mackay
      Investment Property around Mackay
      • Property ID: 21131058
      • Broker's Ref:
      • =7567654
      • Last Update: 2 months ago.
      • Listing Type: Apartment
      • Price: 425,000
      • Mackay, QLD

      Agent Details


      Portrait

      Karen Nelson

      Mobile : 0429161...

      Send an Email:


      Listing Of The Month

      Listing Photograph Exclusive
      management rights Burpengary

      Burpengary (Brisbane) QLD
      $2,060,000

      Permanent Management Rights

      • Net Income: $ 265,675 (actual)
      • Remuneration: $ 151,549
      • Letting Pool: 33
      • Manager's Estate (incl): $ 750,000   3   2
      Listing Photograph Listing Photograph Listing Photograph

      Industry News

      REIQ and Securexchange unveil tool to streamline seller’s disclosure

      REIQ and Securexchange unveil tool to streamline seller’s disclosure

      19 June 2025

       
      Queensland property stands the test of time, says REIQ

      Queensland property stands the test of time, says REIQ

      8 June 2025

      Landslide! 

      Landslide! 

      2 June 2025

      REIQ welcomes rate relief amid heightening housing pressure

      REIQ welcomes rate relief amid heightening housing pressure

      21 May 2025

      Don't Miss Out!

      Receive monthly industry news updates from leading professionals, commentators and experts. Simply enter your details below.

      Sponsored by: Australian Resort Management Sales


      Employment Opportunities

      View More Jobs Here.

      Advertise Jobs Now (it`s free!).

      Register As A Service Provider.

      $450 Per Reset

      Maintenance Employment

      Broadbeach Waters, Gold Coast

      Short Stay Cleaning and Linen
      $450 Per Reset
      (21154612)

      $450 Per Reset

      Maintenance Employment

      Broadbeach Waters, Gold Coast

      Short Stay Cleaning and Linen
      $450 Per Reset
      (21154611)

      Upcoming Events

      Most of the events promoted on this page are put on by ARAMA. Support the association that supports your industry and make sure you are an ARAMA member. ARAMA Members receive a 10% lifetime discount to TheOnsiteManager.

      ARAMA

      Find An Industry Supplier

      Just tell us what you need, below, to get started:


      Proudly supported by all of the industry's leading brokers

    • 1Agency
      @Realty
      Australian Resort Management Sales
    • Calvin Bailey MR
      CBRE Hotels
      Cedar Realty
      CRE Brokers
    • Gavern Property
      Hotel Resort Sales
      Lifestyle
      Lindsay Petty MR
    • Liz Lavender MR
      MR Agents
      MR Brokers
      MR Sales
    • MLR Property Group
      Mr Brady (MR)
      NEXT International Realty Pty Ltd
      North QLD MR
    • Portal Realty
      Premier Business Sales
      Property Bridge
      Raine & Horne Onsite Sales
    • Ras360
      RCA Business Brokers
      Resort Brokers
      Resort Sales
    • Shine Realty
      SIRE MR
      Stratacorp
      Sunshine Coast Realty Group PTY LTD
    • Taylorsproperty.com.au Pty Ltd
      Think MR
    • View Shortlist

      Contact details

      If you're interested in a property advertised on this website, please call the manager or broker whose details are on the listing. For any other matters, please get in touch with us below, we'd love to hear from you!

      Office : 111 Eagle St, Brisbane Q 4000
      Call : +61 7 3868 4047
      Agency Principal : 0407 769 944
      (DO NOT CALL THIS NUMBER IF YOU ARE A TENANT OR PROSPECTIVE TENANT!)
      Mail: info@TheOnsiteManager.com.au

      Useful links

      • Units For Rent
      • Investment Property
      • Management Rights QLD
      • Management Rights Brisbane
      • Management Rights Gold Coast
      • Management Rights Sunshine Coast
      • Management Rights Noosa
      • Management Rights North QLD

      Pages

      • Property Listings
      • Industry Blog
      • Directory of Suppliers
      • Employment
      • Advertise With Us
      • Contact Us
      • Privacy Policy

      Get Social With Us



      Find Us On Linked In!
      Follow Us On Facebook!
      Read Our Blog

      Don’t miss out

      Receive monthly industry news updates from leading professionals, commentators and experts. Simply enter your details below.

      Copyright © 2025 Designed by Refreshweb Group Pty Ltd