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A Perfect Investment Opportunity or a Place to Call Home!

$415,000

Apartment real estate, Mackay QLD

Several factors that astute investors look for come with this property - exceptionally high occupancy, consistently strong returns through short-term and permanent letting options, excellent tenants in place, experienced long-term management and a highly sought after location.

First time to the market this attractive two bedroom open plan low maintenance apartment will be sold fully furnished, and with property prices on the increase now is a perfect opportunity to purchase and earn a passive income immediately.

If looking for a new place to call home though you can't beat the location. This 2nd floor apartment is within proximity to the Blue Water Lagoon, Caneland Shopping Centre, river walk, and award winning restaurants, and provides the perfect lifestyle opportunity for those wishing to downsize or not have to worry about taking care of the gardens.
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, built in cupboards and designer ensuite (shower, double vanity, bathroom and toilet)
- Second bedroom with built in mirrored cupboards
- Convenience study nook with built in 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:
- Experienced long term building management
- Secure undercover car parking with CCTV in place for the common areas and complex entrance points (1 dedicated car space)
- 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: $415,000
  • Area: 98m2

Property Features

  • Furnished
  • Gym
  • Balcony
  • Intercom
  • Air Conditioned

Investment Information

  • Gross Return: $ 29900
    How much does the property return in rent per year.
  • Net Return: $ 25755
    How much does the property return after all management expenses are deducted.
  • Yield: 7.2%
    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: $ 10100
  • Rates PA: $ 3522
  • Management Fee: (not disclosed)%
    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 206/20 River Street Mackay QLD
  • Inspection Times

    Listing Agent Contact Details


    Portrait

    Karen Nelson

    Mobile : 0429161...

    Send an Email:


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      Agent Details


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