809/55 River Street, Mackay, Qld 4740

Offers From $500,000

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Published on Friday, October 09, 2026 ( See property details for 809/55 River Street, Mackay, Qld 4740)

Offers From $500,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile, professionally managed dual-key apartment in a prime riverfront location offering strong income potential and stunning views in Mackay.

🏡 Property Highlights

  • Flexible dual-key layout with excellent income potential
  • Prime riverfront position within walking distance of Mackay's CBD
  • Strong historical returns and consistent occupancy
  • Professionally managed through onsite management
  • Resort-style amenities including swimming pool and gym
  • Outstanding investment opportunity in Mackay's riverfront precinct

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Secure Parking
  • Gym
  • Pool / Swimming Pool
  • Built-in Robes
  • Outdoor Area
  • Balcony
  • Water tank
  • High energy efficiency

Mackay's riverfront precinct offers a vibrant lifestyle with easy access to the CBD, Bluewater Lagoon, diverse dining options, and entertainment venues. The area boasts a strong community atmosphere, scenic views, and excellent walkability, making it an ideal location for both residents and investors seeking convenience and lifestyle appeal.

What are the rental income prospects for this dual-key apartment?
The property has a strong history of consistent occupancy and attractive income, with potential for dual income streams from the separate apartment and studio suite, making it a reliable investment.
What amenities are available within the Oaks Rivermarque complex?
Residents and guests can enjoy resort-style amenities including a swimming pool, gym, and secure complex access, providing a comfortable and convenient lifestyle.
Is the property suitable for long-term tenants or short-term stays?
Given its professional management and prime location, the property is well-suited for both long-term tenants and short-term holiday rentals, depending on management preferences.
What are the ongoing costs associated with owning this property?
Ongoing costs include body corporate contributions of approximately $4,782 net annually, an insurance levy of about $2,933 net per year, and council rates of approximately $2,161 per half year.
Are there any restrictions or special considerations for dual-key properties?
Dual-key properties offer flexibility for occupancy or leasing, but it's advisable to confirm any specific strata or management restrictions related to dual occupancy arrangements.
Are there any upcoming planned developments or zoning changes in the riverfront precinct that could affect the property's value or use? What are the specific terms of the onsite management agreement and any associated fees? Are there any existing or past issues with flooding, bushfire risk, or environmental hazards in the area? Is there any history of disputes or special levies within the Body Corporate that could impact future costs? Are there any restrictions on short-term holiday rentals or Airbnb use within the complex?

809/55 River Street, Mackay, Qld 4740 - More Details

Offers From $500,000

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.
Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1
House Size
76 m²

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