With the strong trend in renovations these days, a property like this is a popular choice for builders and investors. The property is a Duplex Pair – two x 2 bedroom units on one title – with no body corporate levies. There is potential for improvement which could increase the rental income return and in turn increase the property value. Maybe you’re thinking of living in one and renting out the other? There is a very strong demand for residential rental properties in Port Douglas This has been evident since the start of the year with many of our rental properties having several applications on each property. The options are flexible and offer plenty of choice for the future in our real estate market. The location is great – a quiet street & walking distance to Four Mile Beach. Also close to Sheraton Mirage Golf Course, Supermarket, Restaurants, Takeaway Café & Bottle shop. This full duplex is residential on 1 freehold title and is a solid block building
Unit 1 – Currently rented at $310 per week – leased until 25 Sept 2022.
Unit 2 – Currently rented at $340 per week – leased until 1 May 2023.
Council Rates $7700 approx. per year
|R&H Suburb Summary||Houses|
|Number of sales||56|
|Median Rental Price||$650 p.w.|
|Change in Rental Rate (5yr)||37 %|
|R&H Suburb Summary||Units|
|Number of sales||311|
|Median Rental Price||$490 p.w.|
|Change in Rental Rate (5yr)||40 %|