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Situated on 1012m2 is this triplex located only minutes to the main street of Port Douglas. With neighbouring properties newly built and valued over $2-3M, this property has loads of potential. The front unit has 4 bedrooms, two bathrooms and has the potential to rent out on a permanent basis at $800/week and the two rear, 2 bedroom, 1-bathroom units potentially renting out at $400/week. There is also ample room for a couple of pools. This property could easily be refurbished/renovated to create excellent holiday rentals or just knock it down and start again to keep the caliber of quality homes located in the same area.
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 71 |
Average Price | $1,128,542 |
Median Price | $950,000 |
Median Rental Price | $650 p.w. |
Change in Rental Rate (5yr) | 31 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 279 |
Average Price | $505,464 |
Median Price | $395,000 |
Median Rental Price | $520 p.w. |
Change in Rental Rate (5yr) | 51 % |