Jan 23

New Standard in Modern Accommodation Set in Mackay

January 23, 2013

Soil, meet shovel. Mackay, meet Rivermarque.

The housing-starved Mackay market is welcoming its newest development; Rivermarque, a residential and commercial development steps from the heart of the CBD, with views to the Pioneer River.

Given fast-growing Mackay’s current undersupply of housing options due to strong economic growth in the area, the official “turning of the sod” at Rivermarque is a welcome milestone.

Rivermarque, developed by Reed Property Group, offers a lifestyle second to none in the burgeoning Mackay area. Its 91 well-designed apartments incorporate a mix of one- and two-bedroom units from only $271,000.

Managing Director of Reed Property Group, Ken Reed, said Mackay currently has a high demand for contemporary, well-appointed accommodation.

“Rivermarque fills that need while also introducing new apartment designs that maximize investor returns,” Mr Reed said.

Features like dual-key options on Rivermarque’s two-bedroom apartments are perfect for flexible lifestyles, and make the apartments ideal for investment opportunities. A five-year rental guarantee is also on offer for the dual-key apartments from developers, Reed.

Also of benefit to potential investors in Rivermarque are low body corporate fees, strong forecast yields on investments of up to 9% net per annum, ongoing capital growth and projected cash flow-positive returns after tax.

“Rivermarque is purpose-built to provide a balance of form and function,” said Mr Reed.

“From the first steps into the lobby its interiors are designed to be stylish and inviting, making it the kind of place you want to come home to.”

All apartments have access to leisure facilities, including a gym, pool, spa, covered barbeque and lush landscaping. Select apartments also feature the privacy and escape of spacious external courtyards.

The property will be managed by the well-regarded Oaks Hotels and Resorts team, Mr Reed said, ensuring consistent, unrivalled profits for owners. For residents, this will equate to discerning service, with response time and attention to detail as priorities.

Rivermarque will also enhance its local community by contributing an active, thriving street – which also translates into convenience for its occupants. Ground-floor retailers will be carefully selected to provide much-needed lifestyle amenities for the neighbourhood and its busy residents.

“We’re pleased that the Rivermarque project is now underway in a community enjoying such meteoric growth. This year will be an exciting one for us as Mackay and Rivermarque rise up together,” said Mr Reed.

Rivermarque apartments are available from $271,000 now, to be settled in Mid-2014. For residential and retail enquiries, call the Rivermarque team on 1 300 739 329.

For more information on Rivermarque, visit www.rivermarquemackay.com.au.
Ends.

Media contact: Maya Gurry – Fresh PR & Marketing
P: 0410 109 102 E: maya@freshprm.com.au

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