What a versatile investment property with unit 77’s door leading to the doors of 77A a two bedroom unit currently leased at $330 per week and 77B a studio apartment leased at $215 per week – showing a 5% plus net return on investment (2/10/2020). You don’t have to worry about stairs as there is lifts in the building and the apartment is all on one level. They’ll be plenty of customers as a holiday let too when the borders open up with great on-site management for that extra service for you and your guests. Why not holiday in Port Douglas in your own apartment (you could even stay in one side while the other side is booked making income). The resort is beautiful with several lagoon pools and two great BBQ areas.
Other features include;
• Air-conditioning and ceiling fans throughout.
• Spa bath on the balcony.
• Views of the pool from the balconies.
• Only a few hundred metres from the beach.
• Quality hotel name in “Silkari”
• Laundry with washer and dryer.
Please call Greg Brown on 0472525250 for more information or to arrange an inspection. Note; Pictures are of another dual key with the same floor plan (as the tenants don’t want their personal belongings photographed). Picture also included of Four Mile Beach.
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|R&H Suburb Summary||Houses|
|Number of sales||54|
|Median Rental Price||$590 p.w.|
|Change in Rental Rate (5yr)||18 %|
|R&H Suburb Summary||Units|
|Number of sales||184|
|Median Rental Price||$330 p.w.|
|Change in Rental Rate (5yr)||-3 %|