There are only a handful of properties left to buy in the exclusive area of Solander and most of them are over a million dollars.
Currently a duplex, so no body corporate fees, this property has approval to split the land into two separate house blocks. Ensuring in the future you can enjoy all the benefits of owning a house not a duplex, giving you the ability to build and renovate as you please without seeking the permission of your neighbour. It also has approvals for an en suite and changes to the crossover.
Rarely does a property come along with so much potential, as it is now, or for future development and all for less than $430,000. This is the cheapest property in Solander, the last two blocks of land sold for over $500,000!
Architectural drawings are available for a variety of options should you want to develop the property.
Alternatively, if you live interstate, leave it as it is and run it as an Airbnb. This is what the current owners have been doing (Relax in Solander, it’s award winning!). You can generate a great second income and holiday in beautiful Port Douglas when it doesn’t have guests. The property comes fully furnished and Airbnb ready!
Or, maybe you want to buy it to live in yourself, knowing that in the future you can build the house of your dreams and because you’re in Solander you won’t be over capitalising.
With both residential and commercial development in Port Douglas on track to be at an all time high in the next few years, this is a rare opportunity to get in on the action. Situated 3 minutes walk from the beach and in a quiet cul-de-sac, there’s no time to delay, with this once in a lifetime opportunity.
|R&H Suburb Summary||Houses|
|Number of sales||44|
|Median Rental Price||$525 p.w.|
|Change in Rental Rate (5yr)||21 %|
|R&H Suburb Summary||Units|
|Number of sales||206|
|Median Rental Price||$365 p.w.|
|Change in Rental Rate (5yr)||14 %|