55 River StreetMackay QLD 4740
Property Details for Lot 97/55 River St, Mackay
Last Listing description (January 2016)
PRICE REDUCED TO ONLY $560,000 (excl. GST)
11.5% pa VERY HIGH 'NET' YIELD / RETURN ON INVESTMENT
Secure New Lease 3 + 3 + 3 years (OR potential vacant possession available if preferred)
Commencing Rental Income of $64,400
Annual Rent Increases
Tenant Pays Outgoings
Depreciation Benefits
184 sqm NLA (Lot 97 on the ground floor level within the complex, adjacent cafe)
High exposure position within the recently completed Oaks Hotel / Rivermarque complex
Close to Canelands, CBD, and dining precinct
Undercover and street level parking
A very affordable and attractive investment opportunity
For more info, or to arrange an inspection...
Contact: SHANE SUTTON
Phone: 0418 765 123
Email: shane@suttonproperty.com.au
Website: www.suttonproperty.com.au
Property History for Lot 97/55 River St, Mackay, QLD 4740
- 17 Oct 2025Sold for $745,000
- 24 Dec 2015Sold for $385,000
- 30 Jun 2015Listed for Sale Not Disclosed
Recent sales nearby
See more recent sales nearby/assets/perm/sesyys73cyi6tlnhtnajurjzj4?signature=15fbdbd7062605467999929224c8893932e2f46cf0773c4e6f207255d7e6efc3){kind=logo}
0/assets/perm/7ti7yfiwvai63h2dz5ojwnz3je?signature=5d58f2bf3e97907d1795c7d6e320ce360fa99ae459e356cdf1b25d6e27f1bf24){kind=logo}
0/assets/perm/ob2v2nwk2qi6zd6dcogekj5noq?signature=b55658d039d737e6c86776c1b71312734722bd0e25a4ee31cb87cd5a46d35b74){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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.
Suburb Insights for Mackay 4740
Market Insights
Mackay Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mackay Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.