FOR SALE
Offers Over $449,000

Nelson Street
Mackay QLD 4740

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
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High-Yield Investment in Premier Riverfront Development

Welcome to an extraordinary opportunity in the heart of Mackay's newest and most prestigious riverfront development-Riviera Apartments. Perched on the fifth floor, this refined residence offers stunning views over the crystal blue waters of the Pioneer River-one of only two 'blue water' rivers in Queensland-this apartment is an exceptional investment in a vibrant, thriving city. Within walking distance of Mackay's bustling city heart, the expansive Canelands Shopping Centre, and the refreshing Bluewater Lagoon, this property offers an enviable experience for guests and excellent returns with a rental appraisal of $750 - $800 per week with low body corporate fees.
Inside, every detail is precisely designed and crafted with chic aesthetics and a function-forward edge in mind. The climate-controlled, open-plan kitchen, dining, and living areas exude effortless elegance, with warm earthy tiles complementing crisp white walls, bordered by ceiling-height windows and sliding doors that invite streams of natural light to flood the space. The L-shaped kitchen presents timeless stone benchtops, timber-look cabinetry, top-tier Milano appliances, and a sleek dishwasher. From the kitchen, the space flows naturally through the dining and living areas, culminating in a beautifully tiled, covered balcony that stretches the entire length of the apartment. Here, you can indulge in sweeping fifth-floor water views as the sun sets, with the panoramic vistas elevating your everyday experience and providing an idyllic backdrop for your evenings.
Retreat to the sophisticated king-sized master suite, with a striking feature wall, comfortable carpeting, and air conditioning, with mirrored built-in robes that reflect the natural light from surrounding windows. Elegant and practical, the ensuite boasts a generously sized shower, mirrored vanity, high-end finishes, and a toilet. The suite also provides direct access to the balcony-a rare luxury in today's market, where many residences offer only glass facades. The second bedroom continues the tasteful theme with mirrored built-in robes, air conditioning, carpeting, and a wide window framing spectacular views. The contemporary main bathroom comprises a good-sized shower, mirrored vanity, and a toilet, while a European laundry and a thoughtfully included study nook complete the interiors, maximising every inch of this apartment.
Beyond the apartment itself, Riviera affords exclusive rooftop access, equally suited for both quiet relaxation and dynamic entertainment. Start your mornings with a leisurely game of chess on the life-sized set, or soak up the sun on one of the comfortable sunbathing chairs. As the day transitions to night, the rooftop becomes an energetic social hub-perfect for evening barbecues with family and neighbours. With city views as your framework, this rooftop is sure to excite. When you're ready to explore, Mackay's buzzing nightlife awaits just minutes away within walking distance. Enjoy a variety of dining experiences at fine restaurants, followed by a visit to one of the many bars or entertainment venues that make the city come alive after dark. Further additions include two undercover car spaces and elevator access.
Don't miss the chance to secure a prime investment in Mackay's most sought-after riverfront development. If you're an investor seeking strong rental returns or expanding your portfolio with a high-demand property, this apartment is ideal. Contact us today to arrange a private viewing and discover the outstanding potential this residence offers.
Inspections by appointment only. Please call Tegan on 0488 040 224 to arrange a private inspection.
Rates & Water: Approximately $4,000 per year
Body Corporate: Approximately $160 per week
Rental Appraisal: Approximately $750 - $800 per week
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property Details for 501/5-7 Nelson St, Mackay

501/5-7 Nelson St, Mackay is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 82m2. The place is currently for sale with Harcourts MackTown.

Building Type
Apartment
Floor Size
82m2

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About Mackay 4740

The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2011 was 4,070 people. By 2016 the population was 3,642 showing a population decline of 10.5% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mackay work in a professional occupation. In 2011, 31.8% of the homes in Mackay were owner-occupied compared with 31.8% in 2016.

Mackay has 3,460 properties. Over the last 5 years, Houses in Mackay have seen a 50.70% increase in median value, while Units have seen a 122.22% increase. As at 30 September 2024:

  • The median value for Houses in Mackay is $411,348 while the median value for Units is $358,135.
  • Houses have a median rent of $480 while Units have a median rent of $450.
There are currently 73 properties listed for sale, and 19 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Mackay.

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Tegan Wild
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Mike Althaus
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Harcourts MackTown
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