1
612/55 River Street, Mackay QLD

Property Media

Property mainbar sidebar

Property Mainbar

612/55 River Street, Mackay

Offers from $429,000

2
2
1

Property Mobile Panel

For Sale

Inspection Details

Please contact
Tara Smyth
to book an inspection

Property Details

Property Type Unit

Land76 m2

Dual-Key Investment in Oaks Rivermarque � Strong Returns in a Prime Riverfront Location

Positioned within the highly sought-after Oaks Rivermarque complex, Apartment 612 presents a compelling investment opportunity in the heart of Mackay's riverfront precinct. Offering a flexible dual-key configuration, this property is designed to maximise returns while providing versatility for both short-term accommodation and long-term leasing.

The apartment comprises a spacious primary suite alongside a fully self-contained secondary studio, allowing for dual income streams or the option to combine into one larger residence. With access to professional onsite management, this is an ideal set-and-forget investment within a well-established complex.

Financial performance highlights the strength of this asset, with consistent occupancy and income generation as it is currently under a hotel management strategy.

(Further financial information is available for review)

Property highlights include:

Dual-key layout for maximum flexibility and income potential

Strong historical returns with professional onsite management

Body Corporate contributions approximately $5,977 annually (admin + sinking fund)

Insurance Levy of approximately $2900 per annum

Council rates approximately $2,173 per half year

Healthy sinking fund balance of over $373,000 supporting long-term maintenance

Residents and guests enjoy access to resort-style facilities including a pool, gym, and secure complex amenities, all within walking distance to Mackay's CBD, Bluewater Lagoon, and dining precinct.

Whether you're expanding your investment portfolio or seeking a high-performing, professionally managed asset, this property offers strong fundamentals in a premium location.

Features

  • air conditioning
  • pool
  • balcony
  • gym
  • dishwasher
  • built ins
  • City Views
  • Pool

Property Brochures

  • Property ID FG1HUG

property map

Property Sidebar

For Sale

Inspection Details

Please contact
Tara Smyth
to book an inspection

Property Details

Property TypeUnit

Land76 m2

Sidebar Navigation

How can we help?

listing banner

Ask a question

Please send me more information on...

listing item

listing item

listing item

listing item