702/55 River St, Mackay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 83m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
This modern, stylish, dual-key CBD apartment offers a fantastic opportunity for an investor to pick up a well-priced property with terrific rental returns.The dual-key apartment includes a one-bedroom unit and a studio apartment, both fully furnished and with their own bathrooms and kitchens.Both the one-bedroom unit and the studio make up the one dual-key apartment and are rented out separately with very good returns through the Oaks Rivermarque rental pool.Located in River Street in the CBD, the dual-key apartment is a short walk to Caneland Shopping Centre, the river promenade and the restaurants, bars, offices and shops in the City Heart. Featuring a resort-style swimming pool, gymnasium, off-street secure parking and a restaurant, the Oaks Rivermarque is a stylish statement in safe, modern inner-city living.The one-bedroom unit has a bedroom that can be closed off, plus a lounge and dining space. The studio is smaller and an open design but is still very comfortably set up for sleeping and has space for dining and relaxing.Both the one-bedroom unit and the studio apartment feature:- Kitchenettes with dishwasher, fridge, stove and micro-wave- Carpeted areas with lounge area for the one-bedroom unit and dining spaces for both units- Sparkling bathrooms (one in each unit)- Laundry with washing machine and dryer provided- Very reasonable body corporate feesThe one-bedroom unit has a sliding door leading out to the balcony and both units have views.If you want a modern investment with high rental demands in a modern, well-run complex in the CBD then this dual-key unit is definitely worth an inspection.Give David Fisher a call to arrange an inspection.
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 3,490 properties. Over the last 5 years, Houses in Mackay have seen a 74.30% increase in median value, while Units have seen a 123.50% increase. As at 31 December 2024:
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