ID:21158856 20 River Street Mackay QLD 4740
750,000

SUMMARY
Exceptional Riverside Investment or Lifestyle Retreat – Premier Apartment with High-Yield Returns & Resort Living
PROPERTY DETAILS
Price
750,000
Listing Type
Residential For Sale
Property Type
Apartment
Bedrooms
3
Bathrooms
2
DESCRIPTION
A rare opportunity to secure the most sought-after and beautifully appointed apartment is now available in one of Mackay’s 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 you’re 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 entertainer’s balcony, and unwind in one of Mackay’s finest residential resort environments.

The apartment’s high-end furnishings, premium finishes, and thoughtful layout create an atmosphere of relaxed luxury rarely found in city living.
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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 – 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.(Listing ID: 21158856 )
INFORMATION
New or Established
Established
Garage spaces
2
MORE INFORMATION
Allowances
FurnishedPet Friendly
Outdoor Features
BalconySwimming Pool - In Ground
Indoor Features
Gym
Heating/Cooling
Air Conditioning
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