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Premier Location & Proven Performance

Offers from $595,000

Apartment real estate, Mackay QLD

This beautifully presented three-bedroom apartment on the 8th floor of Lanai Riverside Apartments delivers the perfect balance of lifestyle and investment appeal. With breathtaking views across the Pioneer River and Mackay city skyline, and furnishings recently refreshed throughout, it offers a fantastic turnkey opportunity in one of Mackays premier residential complexes.

Generating $84,398 gross income and $51,042 net return (excluding strata management) for the period 1 October 2024 to 30 September 2025, this apartment has consistently performed as one of the top earners within the holiday letting pool.
________________________________________
Key Highlights
Strong returns: Gross $84,398 / Net $51,042 for FY202425
Fully furnished and upgraded new furniture and soft furnishings included
Flexible ownership options: occupy, lease long-term, or continue short-stay letting
Professionally managed onsite with proven occupancy and repeat guest demand
Prime 8th-floor position capturing sweeping Pioneer River and city views
Zero setup costs ready for immediate occupancy or investment
________________________________________
Apartment Features
Spacious open-plan living and dining opening to a private balcony
Modern kitchen with caesarstone benchtops, stainless steel appliances, and ample storage
Three generous bedrooms including master suite with ensuite and walk-in robe
Second bathroom with quality fittings and caesarstone finishes
Washer and dryer located in second bathroom
Mitsubishi ducted reverse-cycle air conditioning for year-round comfort
Elegant, quality furnishings and dcor throughout
________________________________________
Resort Facilities
20m resort-style swimming pool with tropical surrounds
Fully equipped gymnasium and sauna
Outdoor BBQ and entertainment areas
Secure undercover parking for two vehicles
CCTV, key-swipe access, dual lifts, and professional onsite management
Conference and meeting facilities available for residents and guests
________________________________________
Prime Riverside Location
Perfectly positioned in Mackays Bluewater Quay precinct, Lanai Riverside Apartments offer direct access to:
Caneland Central Shopping Centre
Bluewater Lagoon and Pioneer River walking trails
CBD restaurants, cafs, and entertainment venues
Major business and medical precincts
________________________________________
The Complete Package
Whether youre seeking a high-performing investment, an executive residence, or a lock-up-and-leave home base, this 8th-floor apartment combines financial strength with lifestyle luxury. Its proven performance, premium fitout, and prime riverside location make it a standout opportunity in the Mackay market.
Contact us today to arrange your private inspection or discuss letting options.
________________________________________
Disclaimer: All information contained herein is gathered from sources considered reliable. While every effort has been made to ensure accuracy, prospective purchasers are advised to conduct their own investigations prior to purchase.

More Information

Property Overview

  • Category: Apartment
  • Details:   3    2     2
  • Price: Offers from $595,000
  • Area: 121m2

Property Features

  • Furnished
  • Gym
  • Balcony
  • Intercom
  • Air Conditioned

Investment Information

  • Gross Return: $ 84398
    How much does the property return in rent per year.
  • Net Return: $ 51042
    How much does the property return after all management expenses are deducted.
  • Yield: 14.18%
    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: $ 13990
  • Rates PA: $ 4046
  • Management Fee: 12%
    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 806/4 Nelson Street Mackay QLD
  • Inspection Times

    Listing Agent Contact Details


    Portrait

    Karen Nelson

    Mobile : 0429161...

    Send an Email:


    Similar Properties

    Listing Photograph $750,000

    Apartment Real Estate

    Mackay, Mackay

    Exceptional Riverside Investment or Lifestyle Retreat – Premier Apartment with High-Yield Returns & Resort Living (21158856)

    • Area: 158m2
    • Returning (PA): $ 93,846
    • Yield: 12.51%
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    • Property ID: 21162572
    • Broker's Ref: 806/20
    • =7567654
    • Last Update: 1 month ago.
    • Listing Type: Apartment
    • Price: Offers from $595,000
    • Mackay, QLD

    Agent Details


    Portrait

    Karen Nelson

    Mobile : 0429161...

    Send an Email:


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    • Remuneration: $ 225,982
    • Letting Pool: 105

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