16/63 Macrossan Street, Port Douglas, Queensland, 4877

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Sold

Sold for $170,000 (Jun 20, 2018)

APARTMENT IN THE GOLDEN TRIANGLE OF PORT DOUGLAS - APPROX. 6% RETURN

What a great property investment generating over $11,000 per year net return. Once you own this apartment you can stay in any of the apartments within the complex if yours is booked as the income is pooled. Recently renovated and overlooking the pool and beautiful Macrossan Street the apartment is located a short stroll to the fabulous Four Mile Beach and across the road to some of the best shopping and restaurants in Port Douglas. You’ll enjoying holidaying in far north Queensland in your own holiday apartment and receive the income it generates when you’re not there. Port Douglas Apartments is an adult only resort located on the corner of Davidson and Macrossan Streets. Port Douglas Apartments’ Accommodation is perfect for a romantic interlude, escaping the rat race or to use as a base for the ultimate Port Douglas and Tropical North Queensland holiday. Council Rates; $2448.40 Strata; $6866.25. Please don’t hesitate to call Greg on 0472525250 as this location is well sort after.

Property Info:

  • Property ID: 10310598
  • Property Type: Unit
  • Building / Floor Area: 50 sqm

We Know Your Area

R&H Suburb Profile: Port Douglas

R&H Suburb Summary Houses
Number of sales 44
Average Price $807,750
Median Price $607,500
Median Rental Price $525 p.w.
Change in Rental Rate (5yr) 21 %
R&H Suburb Summary Units
Number of sales 206
Average Price $320,126
Median Price $230,000
Median Rental Price $365 p.w.
Change in Rental Rate (5yr) 14 %
Port Douglas, QLD - Median Trend
  • 16/63 Macrossan Street, Port Douglas,
    Queensland, 4877