303/27 River Street, Mackay QLD 4740

3-bed riverfront apartment | fully furnished | tenanted at $800/week | flood overlay noted This property occupies a genuinely uncommon position in the Mackay apartment market. A 145-square-metre, three-bedroom apartment with direct Pioneer River views, full furnishing, and ducted air conditioning is not typical stock for the suburb. The Crown Apartments complex is a 10-storey building from 2010, which gives it a modern build quality and resort-style amenity — the in-ground pool, secure parking, and balcony with outdoor entertaining space are features that tend to command a premium over standard inner-city units. The property is currently tenanted until mid-2027 at $800 per week, which signals established rental demand and may appeal most to an investor seeking a turnkey holding with immediate income, or to a downsizer who values central walkability and low-maintenance living without sacrificing views or space. The flood overlay is the single factor that warrants careful consideration. It does not mean the property has flooded, but it may affect insurance premiums, lending criteria, or future development applications on the site. The third-floor position reduces ground-level exposure, but buyers should verify flood history and insurance costs directly. The single car space may be a limitation for households with two vehicles, and the 145-square-metre floor plan, while generous for an apartment, is not oversized. The property sits above the typical unit profile for the suburb, so the price should reflect the river view, furnishing, and tenancy in place rather than be compared to generic three-bedroom stock. A buyer who weighs the overlay against the location and income profile is likely to form a clear view on value.