809/55 River St

Mackay QLD 4740

76 m²

Apartment

Currently for sale - view listing

Overview

Spectacular Top-Floor Views with Dual-Key Flexibility

Positioned on the top floor of the highly sought-after Oaks Rivermarque complex, Apartment 809 captures magnificent views across the Pioneer River, Mackay cityscape and coastline. This premium location presents an outstanding investment opportunity in the heart of Mackay's riverfront precinct. Offering a versatile dual-key configuration, the property comprises a spacious one-bedroom apartment and a separate studio-style suite. The two areas can be occupied or leased independently to generate dual income streams, or combined to create one larger two-bedroom residence. Professionally managed through the hotel's onsite letting pool, Unit 809B has enjoyed consistently strong occupancy and attractive income generation, offering investors a genuine set-and-forget opportunity with minimal day-to-day involvement. Property highlights include: • Flexible dual-key layout with excellent income potential • One-bedroom apartment plus separate studio suite • Strong historical returns and consistent occupancy • Professional onsite management • Body Corporate contributions of approximately $4,782 net annually • Insurance levy of approximately $2,933 net per annum • Council rates of approximately $2,161 per half year • Healthy sinking fund • Resort-style swimming pool, gym and secure complex amenities • Prime riverfront position within walking distance of Mackay's CBD, Bluewater Lagoon, restaurants and entertainment Whether you are expanding your property portfolio or searching for a flexible, professionally managed investment in a premium location, Apartment 809 offers strong fundamentals and genuine versatility. Further income and expenditure information is available upon request. For additional information or to arrange an inspection, contact Trevor Camilleri on 0413 615 333. Inspections are by appointment and subject to guest occupancy. Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.