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$340,000
Offering excellent accommodation returns from a convenient inner-city position, Unit 611 presents an appealing investment opportunity within the established Oaks Rivermarque complex.
Property Snapshot
1 Bedroom | 1 Bathroom | 1 Car Space | Storage Cage l Sixth-floor Position l City Views
Positioned on the sixth floor, this well-maintained one bedroom hotel-style apartment enjoys an elevated outlook across Mackay City and offers comfortable, low-maintenance accommodation in a highly convenient location.
The apartment features a generous bedroom, bathroom with shower over bath, new bed and new air-conditioning, and a well-equiped kitchenette complete with microwave, refrigerator and laundry nook, providing everything required for comfortable short-stay or permanent accommodation.
One secure car space, and a dedicated storage cage, add further value and convenience to this centrally located apartment.
Residents and guests enjoy the facilities of this secure complex, including swimming pool, gym and bistro/caf� downstairs, with Mackay City Heart and Caneland Central Shopping Centre approximately a five-minute walk away.
Well maintained and presented, conveniently positioned, and offering an excellent accommodation return, Unit 611 presents an attractive opportunity for those seeking an established investment within Mackay's inner-city accommodation precinct.
Price: $340,000
Sinking Fund: A healthy sinking fund of approximately $272,598 provides additional confidence in the ongoing management and maintenance of the complex.
Accommodation Return: 40.80% of accommodation revenue after management fees and associated expenses, as detailed in the hotel statement, available together with the Form 2 Disclosure Statement upon genuine interest to purchase.
Inspection by Appointment:
Now is your opportunity, to secure a great investment property. Contact Eleni Karambasis on 0418 778 420 today to book your walkthrough.
Shop 2425, Canelands Shopping Centre, Mackay QLD 4740
Call Eleni Karambasis on
0418 778 420
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