Interstate owners would like a quick sale on this fully furnished unit.
This two bedroom, two bath, one car apartment on the fifth floor is one of the larger apartments in this complex (92m2). It has great views and is managed by Oaks Hotels and Resorts. Having a well known and good quality on-site manager should help to deliver strong returns to investor purchasers. The latest half monthly statement showed a 6.75% EBT (earnings before tax) for the annual return on investment. The management rate may be reduced if turned into general tenancy rental property. Units can be owner occupied also. Since opening its doors this unit has been very popular as the returns above show.
The Rivermarque complex is situated in the north-western part of the Mackay CBD, being close to the Pioneer River, Blue Lagoon water/parkland area and the Caneland Central Shopping Centre. Rivermarque development comprises of 16 studio and one bedroom apartments, 22 two bedroom apartments and 53 two bedroom dual-key apartments (total of 91 apartments) plus a ground floor retail/restaurant component and good quality common facilities. All apartments have access to a fully-equipped and air-conditioned gymnasium, in ground swimming pool and the heated spa and covered BBQ areas.
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