507/4 Nelson Street, Mackay
Listing data updated 17 June 2026
2 bed2 bath1 car
- Secure a premium investment opportunity within the tightly held Lanai Riverside Apartments, one of Mackay's most recognised and consistently performing accommodation complexes. Positioned on the 5th floor in the heart of the thriving Bluewater Quay precinct, this fully furnished two-bedroom, two-bathroom apartment presents an outstanding opportunity for investors seeking immediate income, strong occupancy performance, and long-term growth potential. With flexible permanent and short-term letting options available through the experienced onsite management team, the property has demonstrated proven rental demand and repeat guest occupancy, making it an ideal addition to any investment portfolio. Recently tenanted at $750 per week and offered fully furnished with quality fittings and decor throughout, this is a genuine turnkey investment with zero setup costs and immediate income potential from day one. The apartments' prime riverside position, secure facilities, and proximity to Mackays major commercial, medical, and retail precincts continue to drive strong demand from both corporate and leisure markets. Spacious open-plan living and dining areas flow seamlessly onto the private balcony overlooking the Pioneer River and city skyline, while the modern kitchen, ducted air conditioning, and quality finishes ensure broad tenant and guest appeal. Investment Highlights: � Proven performer with strong occupancy history � Flexible permanent and holiday letting options available � Recently leased at approximately $750 per week � Fully furnished including quality furniture and soft furnishings � Professionally managed onsite with established systems in place � Prime 5th-floor position with uninterrupted river and city views � Strong appeal to corporate, executive, and holiday accommodation markets � Turnkey investment with no additional setup required Financial Information: � Body Corporate Fees: $13,805 (1/7/25 -30/6/26) � Council Rates: Approx. $4,064.40 per annum prior to discount � Water Usage: Approx. $240 per annum Apartment Features: � Spacious open-plan living and dining design � Private entertainer's balcony with Pioneer River views � Modern 2-pak kitchen with Caesarstone benchtops and stainless steel appliances � Two generous bedrooms including master with ensuite and walk-in robe � Second bathroom with quality stone finishes � Generous oversize office with large built in desk � Oversize balcony 132 sqm] with storage cupboard. � Internal laundry with washer and dryer included � Reverse-cycle ducted air conditioning throughout � Contemporary furnishings and quality decor included in sale Resort-Style Facilities Enhancing Tenant Appeal: Residents and guests enjoy access to premium facilities including � 20m resort-style swimming pool � Fully equipped gymnasium and sauna � Outdoor BBQ and entertainment areas � Secure undercover parking � CCTV, key-swipe security access, and dual lifts � Professional onsite management � Conference and meeting facilities Strategic Mackay Location: Conveniently positioned within walking distance to key lifestyle and business amenities including: � Caneland Central � Bluewater Lagoon � Pioneer River walking trails � Mackay CBD dining and entertainment precinct � Major medical and commercial hubs A Quality Investment in a Proven Complex: Combining immediate rental income, established management, premium facilities, and a highly desirable riverside location, this apartment represents a rare opportunity to secure a low-maintenance investment within one of Mackay's best-performing accommodation complexes. Contact us today for further financial information, rental performance details, or to arrange a private inspection.(Listing ID: 21177841 )
RealistIQ deal score
Neutral value signal
13
/100
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Estimate vs market price guide
Market price guide is $89,000 above RealistIQ estimate
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RealistIQ estimate range: $457,000 - $716,000Wider ranges mean more uncertainty.
RealistIQ estimate$586,000
Market price guide$675,000
$457,000$716,00012-month Property Outlook
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Property features
Features detected from the listing details.
Comfort
Air conditioningEnsuiteBuilt-in wardrobes
Kitchen & utilities
Internal laundry
Outdoor & building
Swimming poolBalcony / deck
Lifestyle & views
Study
Listing details
- Status
- Offers from $675,000
Agent and agency
larger land
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