50/5-7 Nelson StMackay QLD 4740
Property Details for 50/5-7 Nelson St, Mackay
50/5-7 Nelson St, Mackay is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 51m2.
Last Listing description (October 2022)
This unit is centrally located within the prestigious Riviera building and has expansive views of the Pioneer River out to the ocean and islands. The large master bedroom features outstanding views along with built in robes, air conditioning and a private balcony. Open plan kitchen is highlighted by stone bench tops, dishwasher and induction cooktop. Off the living room is a separate main balcony. This unit comes fully furnished and has a secure parking spot available allocated to the unit.
This unit represents great value as an investment as it's almost permanently tenanted as a holiday rental which attracts a higher than usual rent return. Rental figures can be provided upon request.
As part of the Riviera building, the occupants enjoy access to a huge rooftop entertainment area complete with life size chess, BBQ dining area and fridge, shower and toilet. The views from the rooftop encompass most of Mackay and is a fantastic spot to enjoy public events such as New Years Eve fireworks from a great elevated position.
Rental appraisal by a property manager $500 per week.
This page is produced as a general guide only and does not constitute valuation or legal advice nor an offer for lease or purchase. All parties should undertake and rely on their own independent due diligence investigations and not rely on the information contained in this page to make their purchasing or leasing decision.
Property History for 50/5-7 Nelson St, Mackay, QLD 4740
- 05 Apr 2022Listed for Sale Offers from $289,999
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 3,522 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.
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