2/14 Coral Drive, Port Douglas, QLD 4877

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For sale

$500,000

Queenslander in Block of three - Body corp $2,200 per year - Furnished

Houses too expensive and strata fees to high to purchase in a resort? Here’s something in between being in a complex of three Queenslanders separated by carports. This property has great potential as an investment property with it generating a 4.1% net return in the 2019 financial year and a 3.5% return through the 2020 financial year (through Covid 19 and border closures), of course we predict the return will get even better when the borders open. If you’re local you could improve these returns by doing your own cleaning otherwise it could be just a great place to live. The villa has been appraised to rent for $470 – $490 per week. Full of Queenslander character and charm, ornate timber work, large windows for cross ventilation and natural sea breezes. The property offers privacy with beautiful tropical gardens and is located in a cul-de-sac. This 3 bedroom 2 bathroom home has body corporate fees of just at $2,200 per year and is only a 200 meters from the Port Douglas Beach. Already marketed as an AirBnB since 2018, the home is well presented for holiday guests or the perfect place to live if you want a home with a low maintenance garden. There is no pool but the beach is a 5 minute walk away and there’s some beautiful resort pools you can swim in near by. The home has a very private feel with a carport separating each of the three dwellings. There is a balcony at the front and rear of the property where you can relax and take in the tropics. This property would be great for retirees or people looking to downsize. Pets could be allowed with body corporate approval.

Other features include;

• Main bedroom with built in robes and en-suite (Shower, vanity & toilet).

• Air-conditioning & Fans throughout (bedroom air-cons replaced recently).

• Carport to the right of the home.

• Block out and privacy blinds throughout.

• Hardwood exposed floors.

• Kitchen with electric oven and hot plates.

• Bathroom with shower and vanity and a separate toilet.

• Ramp access.

• Home treated for pests yearly.

Please call Greg Brown on 0472525250 if you’d like an inspection of the home or for more information on the property.

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Property Info:
  • Property ID: L7591574
  • Property Type: House
  • Building / Floor Area: 112 sqm
  • Garages: 1
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R&H Suburb Profile: Port Douglas

R&H Suburb Summary Houses
Number of sales 104
Average Price $1,165,875
Median Price $777,500
Median Rental Price $648 p.w.
Change in Rental Rate (5yr) 44 %
R&H Suburb Summary Units
Number of sales 344
Average Price $373,306
Median Price $260,000
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) 4 %
Port Douglas, QLD - Median Trend
$777,500