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

750,000

Apartment real estate, Mackay QLD

A rare opportunity to secure the most sought-after and beautifully appointed apartment is now available in one of Mackays 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 youre 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 30 June 2025
High occupancy through short-stay holiday letting with onsite management
Fully furnished to a luxury standard zero setup costs for investors
Premier apartment in the complex 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 entertainers balcony, and unwind in one of Mackays finest residential resort environments.

The apartments 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 dcor 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.

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.

More Information

Property Overview

  • Category: Apartment
  • Details:   3    2     2
  • Price: 750,000
  • Area: 158m2

Property Features

  • Furnished
  • Gym
  • Balcony
  • Intercom
  • Air Conditioned
  • Spa

Investment Information

  • Gross Return: $ 93846
    How much does the property return in rent per year.
  • Net Return: $ 55182
    How much does the property return after all management expenses are deducted.
  • Yield: 12.51%
    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: $ 14318
  • Rates PA: $ 3854
  • Management Fee: 12%
    How much is charged as a management fee.
  • Cleaning Costs (PA): $ 11528
    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 701/20 River Street Mackay QLD
  • Inspection Times

    Listing Agent Contact Details


    Portrait

    Karen Nelson

    Mobile : 0429161...

    Send an Email:


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    • Property ID: 21158856
    • Broker's Ref:
    • =7567654
    • Last Update: 5 days ago.
    • Listing Type: Apartment
    • Price: 750,000
    • Mackay, QLD

    Agent Details


    Portrait

    Karen Nelson

    Mobile : 0429161...

    Send an Email:


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