302/20 River StreetMackay QLD 4740
Property Details for 302/20 River St, Mackay
302/20 River St, Mackay is a 2 bedroom, 2 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom House sold in Mackay in the last 12 months.
Last Listing description (January 2026)
Welcome to Lanai Riverside Apartments, where comfort meets convenience in the heart of Mackay. Wake up to river views every morning, enjoy lazy strolls along the Cathy Freeman boardwalk, dinner at a nearby restaurant, or a casual BBQ around the resort style swimming pool with family and friends.
Not only is this a family friendly, well maintained apartment designed with modern day living in mind, but also a perfect passive investment opportunity with options for short-term and permanent letting. Any astute Investor looking for a fully furnished apartment with high occupancy "should look no further"!
Generating $71,710 gross income and $48,407 net return (excluding strata management) for the period 1 October 2024 to 30 September 2025, this apartment has consistently performed as one of the top earners within the holiday letting pool.
Key Highlights
Flexible ownership options: occupy, lease long-term, or continue short-stay letting
Professionally managed onsite with proven occupancy and repeat guest demand
3rd floor position with limited Pioneer River views
Zero setup costs ready for immediate occupancy or investment
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Apartment Features
Spacious open-plan living and dining opening to a private balcony
Modern kitchen with caesarstone benchtops, stainless steel appliances, and ample storage
Two generous bedrooms including master suite with ensuite and walk-in robe
Second bathroom with quality fittings and caesarstone finishes
Washer and dryer located in second bathroom
Mitsubishi ducted reverse-cycle air conditioning for year-round comfort
Elegant, quality furnishings and dcor throughout
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Resort Facilities
20m resort-style swimming pool with tropical surrounds
Fully equipped gymnasium and sauna
Outdoor BBQ and entertainment areas
Secure undercover parking for one vehicle
CCTV, key-swipe access, dual lifts, and professional onsite management
Conference and meeting facilities available for residents and guests
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Prime Riverside Location
Perfectly positioned in Mackays Bluewater Quay precinct, Lanai Riverside Apartments offer direct access to:
Caneland Central Shopping Centre
Bluewater Lagoon and Pioneer River walking trails
CBD restaurants, cafs, and entertainment venues
Major business and medical precincts
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The Complete Package
Whether youre seeking a high-performing investment, a centrally located residence, or a lock-up-and-leave home base, this 3rd-floor apartment combines financial strength with resort style living. Its proven performance and prime riverside location make it a standout opportunity in the Mackay market.
Contact us today to arrange your private inspection or discuss letting options.
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Disclaimer: In preparation of information for this listing we used our best endeavours to ensure that the information contained herein is true and correct but accept no responsibility and disclaim all responsibility in respect of any errors omissions inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.(Listing ID: 21164154 )
Property History for 302/20 River St, Mackay, QLD 4740
- 14 Jan 2026Sold for $430,000
- 05 Nov 2025Listed for Sale Offers from $425,000
Recent sales nearby
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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 3,527 properties. Over the last 5 years, Houses in Mackay have seen a 82.28% increase in median value, while Units have seen a 87.73% increase. As at 31 December 2025:
- The median value for Houses in Mackay is $515,159 while the median value for Units is $412,903.
- Houses have a median rent of $488 while Units have a median rent of $450.
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