207/55 River Street, Mackay, QLD 4740 | Property Value & History | OnTheHouse
OFF MARKET

207/55 River Street
Mackay QLD 4740

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 76m2
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Property Details for 207/55 River St, Mackay

207/55 River St, Mackay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 76m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2014
Floor Size
70m2
Land Size
76m2
Local Government
Mackay Regional
Lot/Plan
207/SP251375

Last Listing description (May 2023)

With terrific rental returns, this modern dual-key CBD apartment offers a fantastic opportunity for an investor to pick up a well-priced property that is in demand from a range of tenants.

The dual-key property includes a one-bedroom unit and a motel-style apartment, both fully furnished and with their own bathrooms.

While the property is perfect for an investor, a buyer who wants to rent out one unit and use the other for their personal use as CBD accommodation would also find this ideal.

Both the one-bedroom unit and the motel-style unit make up the one dual-key property and are rented out separately with very good returns through the Oaks Rivermarque rental pool.

Located in River Street in the CBD, the dual-key apartment is a short walk to Caneland Shopping Centre, the river promenade and the restaurants, bars, offices and shops in the City Heart.

Featuring a resort-style swimming pool, gymnasium, off-street secure parking and a restaurant, the Oaks Rivermarque is a stylish statement in safe, modern inner-city living.

The one-bedroom unit has a bedroom that can be closed off, plus a lounge and dining space. The motel-style unit is smaller and an open design but is still very comfortably set up and has space for dining and relaxing.

With its own undercover parking space, the one-bedroom unit has a kitchenette with dishwasher, fridge, stove and micro-wave and a laundry with washing machine and dryer.

The one-bedroom unit has a carpeted lounge area and a sliding door leading out to a balcony that gets glimpses of the Pioneer River.

Both units have dining spaces and sparkling bathrooms.

If you want a modern investment with high rental demands in a modern, well-run complex in the CBD then this dual-key unit is definitely worth an inspection.

Give David Fisher a call to arrange an inspection.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 207/55 River St, Mackay, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$275,000
14 Apr 2023
  • 14 Apr 2023
    Sold for $275,000
  • 22 Mar 2019
    Listed for Sale Offers From $330,000
  • 28 May 2014
    Sold for $399,000
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About Mackay 4740

The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2016 was 3659 people. By 2021 the population was 4026 showing a population growth of 10.0% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mackay work in a professional occupation.In 2021, 30.70% of the homes in Mackay were owner-occupied compared with 31.80% in 2016.

Mackay has 3,522 properties. Over the last 5 years, Houses in Mackay have seen a 78.19% increase in median value, while Units have seen a 72.77% increase. As at 30 November 2025:

  • The median value for Houses in Mackay is $504,413 while the median value for Units is $404,125.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 47 properties listed for sale, and 30 properties listed for rent in Mackay on OnTheHouse. According to Cotality's data, 246 properties were sold in the past 12 months in Mackay.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.