Mackay at a glance
4,174
People
$635,000
Median sale
$476/wk
Median rent
3.90%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
$675,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$675,000
Asking
No recorded sale for this property.
Mackay at a glance
4,174
People
$635,000
Median sale
$476/wk
Median rent
3.90%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Mackay
+6.3%
Median sale
Suburb $635,000
-0.23 pp
Gross yield
Suburb 3.90%
Suburb median $635,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$29,676 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Mackay's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $476/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mackay at a glance
4,174
People
$635,000
Median sale
$476/wk
Median rent
3.90%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by TheOnsiteManagerSecure 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 )
Listing description written by Karen Nelson, TheOnsiteManager — reproduced as published, not verified by Districts.