Unit 32 Port Douglas Retreat, 33 Mowbray Street, Port Douglas, Queensland, 4877

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Sold

Sold for $75,000 (Apr 19, 2018)

RIDICULOUSLY CHEAP AT $79,000 - 4% NETT RETURN

Earning 4% NETT income. Do you want to be part of the exciting real estate market of Port Douglas but don’t know where to start? Well this terrific little studio unit, as a lifestyle investment, has got to be it! Located walking distance to the main street & village hub, The Retreat Holiday Apartments are amazingly quiet, private & have one of the best tropical pools in town. As an owner, you would be able to stay for up to 2 months a year and then holiday let it the rest of the time, through the on-site Manager. 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 Holiday Apartments are only one block back from Macrossan Street which is world famous for its restaurants, shopping and village ambience. Located on the first floor, this unit has a private aspect and views of the beautiful gardens that surround the complex. It shows good income returns each year and with that private balcony over the gardens, it’s always a popular choice for guests which means more income from your investment. This unit comes fully furnished (split king bed) & is self-contained giving the guests a 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! If this property interests you and you would like some more information on the income & expenses, just contact Kate on (07) 4087 1800 or 0400 441 279.

Property Info:

  • Property ID: 18117772
  • 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 50
Average Price $856,420
Median Price $607,500
Median Rental Price $498 p.w.
Change in Rental Rate (5yr) 13 %
R&H Suburb Summary Units
Number of sales 199
Average Price $308,457
Median Price $228,000
Median Rental Price $360 p.w.
Change in Rental Rate (5yr) 13 %
Port Douglas, QLD - Median Trend
  • Unit 32 Port Douglas Retreat, 33 Mowbray Street, Port Douglas,
    Queensland, 4877