Unit 103, 9-11 Blake Street, Coral Apartments,, Port Douglas, QLD 4877

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Sold for $145,000 (Oct 30, 2018)

Ground floor garden unit

Want to be part of the exciting real estate market of Port Douglas but don’t know where to start? Well, this terrific one-bedroom unit has got to be it! Located an easy, level walk to Macrossan Street (the main street of Port Douglas and the village hub), which is world famous for its restaurants, shopping and village ambiance. The Coral Apartments are amazingly quiet, private and have one of the best tropical pools in town. You have the flexibility to either live here yourself, rent the unit out to a permanent tenant or holiday let to the many tourists who visit this beautiful tropical area each year. The self-contained units are in easy walking distance to the famous Four Mile Beach, the Crystalbrook Superyacht Marina (reef tours & fishing trips), cricket grounds, tennis courts and the Sunday markets. Located on the ground floor, this unit has a small outside patio area – perfect for barbecues & outside dining. It shows good income returns and is currently rented at $285 per week to a long-term tenant (almost 10% gross yield). This unit’s location is always a popular choice for tenants, which means a steady income from your investment.

Property Info:
  • Property ID: 19868966
  • Property Type: Unit
  • Building / Floor Area: 50 sqm
  • Carports: 1
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R&H Suburb Profile: Port Douglas

R&H Suburb Summary Houses
Number of sales 44
Average Price $793,392
Median Price $556,500
Median Rental Price $550 p.w.
Change in Rental Rate (5yr) 15 %
R&H Suburb Summary Units
Number of sales 221
Average Price $332,003
Median Price $252,000
Median Rental Price $340 p.w.
Change in Rental Rate (5yr) 6 %
Port Douglas, QLD - Median Trend