Back ID:21158856/20 River Street
Off Market

ID:21158856/20 River Street

Mackay QLD 4740

3
2
2
Apartment
Karen NelsonKaren Nelson, last sold this property on 11 April 2026 after 247 days on market.

Overview

Exceptional Riverside Investment or Lifestyle Retreat ? Premier Apartment with High-Yield Returns & Resort Living

A rare opportunity to secure the most sought-after and beautifully appointed apartment is now available in one of Mackayâs premier riverside complexes. Perched on the 7th floor, Unit 701 stands out as the most stunning and popular apartment in Lanai Riverside Apartments, thanks to its superior fitout, spacious layout, and stylish, plantation-inspired design. Fully furnished to an exceptional standard, every detail has been curated to deliver comfort, elegance and the feeling of living in a 5-star tropical resort. Whether youâre looking for a premium lifestyle home or a blue-chip investment with strong short-stay returns, this property delivers on every level. ________________________________________ Investor Highlights: ⢠Proven performer: Gross income of $93,846 and net return of $55,182 (excl. strata management) from 1 July 2024 â 30 June 2025 ⢠High occupancy through short-stay holiday letting with onsite management ⢠Fully furnished to a luxury standard â zero setup costs for investors ⢠Premier apartment in the complex â a favourite with repeat guests and corporate travellers ⢠Flexible investment strategy: holiday letting, long-term tenancy, or executive accommodation ________________________________________ Lifestyle & Liveability: Live every day as if you`re on holiday. Wake to panoramic Pioneer River views, enjoy your morning coffee on the private entertainerâs balcony, and unwind in one of Mackayâs finest residential resort environments. The apartmentâs high-end furnishings, premium finishes, and thoughtful layout create an atmosphere of relaxed luxury rarely found in city living. ________________________________________ Apartment Features: ⢠Expansive open-plan living and dining opening to a private outdoor balcony ⢠Designer kitchen with marble benchtops, ample storage & European stainless steel appliances ⢠Three generous bedrooms, including a beautifully styled master suite with ensuite and walk-in robe ⢠Extra bathroom with stone finishes and quality fixtures ⢠Full laundry with washer and dryer ⢠Ducted reverse-cycle air conditioning throughout for year-round comfort ⢠Tasteful, high-quality furnishings and décor â fully included ________________________________________ Exclusive Complex Facilities: ⢠20m resort-style pool surrounded by sun lounges and tropical gardens ⢠Fully equipped gym and sauna ⢠Spacious BBQ and outdoor entertaining area ⢠Secure undercover parking with 2 dedicated car spaces ⢠CCTV security, dual lifts, key-swipe access, and rubbish chute on each level ⢠Conference/function room available for residents and guests ⢠Professional onsite management to maximise investment returns ________________________________________ Unbeatable Location: Situated in the heart of Mackay`s CBD, Lanai Riverside Apartments offer unrivalled access to: ⢠Caneland Central Shopping Centre ⢠Bluewater Lagoon ⢠Pioneer River walking trails ⢠Award-winning cafes and restaurants ⢠Business precincts and transport options ________________________________________ The Ultimate in Comfort, Class and Returns Whether you choose to live in or lease out, Unit 701 offers a compelling mix of high-end lifestyle, comfort, and investment strength. Its elite position within the complex and superior presentation ensures consistently high occupancy and guest satisfaction. ð Contact us today to arrange your private inspection or request a full investment breakdown. ________________________________________ Disclaimer: All information contained herein is gathered from sources we consider reliable. While we have no reason to doubt its accuracy, we cannot guarantee it. Prospective purchasers are advised to carry out their own investigations. ID:21158856

Features

3 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Mackay over the last 12 months, the estimated median property value of ID:21158856/20 River Street is $790k.

Median value
$790k
Estimated value range
$605k - $1m
Median days on market
94
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mackay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for ID:21158856/20 River Street

2026
Sold
Undisclosed
Private Sale/Treaty on 11 Apr 2026 by Karen Nelson

Happy sellers in Mackay

96%
96% of sellers in Mackay reported that their sale price either exceeded or met their price expectations.

Mackay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Mackay over the last 12 months.

Local market activity for 3 bedroom apartments in Mackay

In the last 12 months, 14 three-bedroom apartments similar to ID:21158856/20 River Street, have been sold.

This represents a 7% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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