612/55 River Street

Positioned within the highly sought-after Oaks Rivermarque complex, Apartment 612 presents a compelling investment opportunity in the heart of Mackay's riverfront precinct. Offering a flexible dual-key configuration, this property is designed to maximise returns while providing versatility for both short-term accommodation and long-term leasing. The apartment comprises a spacious primary suite alongside a fully self-contained secondary studio, allowing for dual income streams or the option to combine into one larger residence. With access to professional onsite management, this is an ideal set-and-forget investment within a well-established complex. Financial performance highlights the strength of this asset, with consistent occupancy and income generation as it is currently under a hotel management strategy. (Further financial information is available for review) Property highlights include: Dual-key layout for maximum flexibility and income potential Strong historical returns with professional onsite management Body Corporate contributions approximately $5,977 annually (admin + sinking fund) Insurance Levy of approximately $2900 per annum Council rates approximately $2,173 per half year Healthy sinking fund balance of over $373,000 supporting long-term maintenance Residents and guests enjoy access to resort-style facilities including a pool, gym, and secure complex amenities, all within walking distance to Mackay's CBD, Bluewater Lagoon, and dining precinct. Whether you're expanding your investment portfolio or seeking a high-performing, professionally managed asset, this property offers strong fundamentals in a premium location.