Unit 25, 33 Mowbray Street (Port Douglas Retreat), PORT DOUGLAS, Queensland, 4877

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Sold

Sold for $90,000 (Aug 29, 2017)

#1 INVESTMENT UNIT - 6+% NETT RETURN

Looking for your first Port Douglas investment? This studio unit is only a short walk to Macrossan Street & beautiful sands of Four Mile Beach. Located right in the hub of Port Douglas, The Retreat holiday apartments are amazingly quiet, private & have one of the best tropical pools in town! As an owner, you may be able to stay for up to 2 months a year and then holiday let it the rest of the time. The boutique self contained units are in walking distance to the famous Four Mile Beach, the Reef Marina (reef tours & fishing trips) and the Sunday Markets. The Retreat Apartments are only one block back from Macrossan Street which is world famous for its restaurants, shopping and village ambience. This conveniently located studio unit shows good returns each year and with a balcony over looking the pool, it’s always a popular choice for guests & sure to protect your investment. This unit comes fully furnished & is self-contained which gives the choice of whether to eat out or eat in. The on-site managers do such a great job, visitors, owners & holiday makers come back year after year – they know the secret of having a quiet little unit in the centre of everything that pays for itself & makes 5.6% NETT INCOME. If this property interests you and you would like some more information, just contact Kate on (07) 4087 1800 or 0400 441 279.

Property Info:

  • Property ID: 17367686
  • Property Type: Unit
  • Building / Floor Area: 36 sqm

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R&H Suburb Profile: Port Douglas

R&H Suburb Summary Houses
Number of sales 45
Average Price $764,156
Median Price $615,000
Median Rental Price $525 p.w.
Change in Rental Rate (5yr) 22 %
R&H Suburb Summary Units
Number of sales 209
Average Price $319,633
Median Price $230,000
Median Rental Price $360 p.w.
Change in Rental Rate (5yr) 13 %
Port Douglas, QLD - Median Trend