9/26-30 Macrossan Street (Saltwater), Port Douglas, QLD 4877

  • 2
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Sold

Sold for $368,000 (Jul 01, 2019)

POTENTIAL 6.3% Plus Net Return 2018 FY - CENTRAL MACROSSAN STREET & FANTASTIC...

This beautiful apartment, located right in the hub of Port Douglas, earned approx. $28,500 for the 2017-2018 financial year (after all expenses) and has strong forward bookings for the holiday season in Port Douglas this year! As a holiday let property, it has the proven potential for 6.3% plus return based on the income for the 2018 financial year; of course this percentage return could increase depending on the purchase price at auction. The owners have moved away & are keen to sell so we are encouraging potential purchasers to make an offer or bid at auction. This 2 bedroom apartment in the Saltwater building is both spacious and well appointed; positioned on a upper level, the balcony has sweeping views of Port Douglas & the hinterland. The 3 bedroom apartment next door is for sale too (Apt 8 which is also being auctioned on June 1st, 2019) so you could purchase both & have the option to convert them into a 5 bedroom apartment (subject to body corporate approval). Why not have a investment property that you can stay in while holidaying in Port Douglas?

Features include;

- Master bedroom with en-suite including spa bath.

- Second bedroom with 2 single beds or split-king bed with en-suite.

- 3rd toilet with vanity (powder room)

- Large balcony overlooking Macrossan Street.

- Fully equipped kitchen, European S/S appliances, full size oven/stove, microwave, dishwasher & full size refrigerator.

- High ceilings throughout with generous living spaces

- Large balcony – partially undercover & partially open.

- Washing machine, clothes dryer, iron & full size ironing board.

- Ceiling fans & air conditioning throughout.

- Wi-Fi, flat screen TVs, Foxtel, DVD, CD/MP3 player, radio alarm clock & hair dryers.

- Council rates $2730.42 per year.

- Body corporate $6531.38 per year.

Please don’t hesitate to call Greg on 0472525250 for more information or an inspection.

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Property Info:
  • Property ID: 10619348
  • Property Type: Unit
  • Building / Floor Area: 108 sqm
  • Carports: 1
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R&H Suburb Profile: Port Douglas

R&H Suburb Summary Houses
Number of sales 41
Average Price $653,415
Median Price $563,000
Median Rental Price $565 p.w.
Change in Rental Rate (5yr) 13 %
R&H Suburb Summary Units
Number of sales 192
Average Price $328,154
Median Price $250,000
Median Rental Price $333 p.w.
Change in Rental Rate (5yr) 1 %
Port Douglas, QLD - Median Trend
$563,000