Here lies a great opportunity with plenty of options. Kamala units are located only a few hundred metres from Four Mile Beach and consists of 2 blocks of 3 units surrounding the tropical lagoon style in-ground pool (units 4, 5 & 6 all currently listed with Raine & Horne). Unit 4 is the first unit in the rear block and is a generous 148m2 under roof. Featuring 2 bedrooms and 2 bathrooms this residential townhouse style property is loaded with potential. Pool views from the master bedroom and direct pool access from the downstairs living area there is a peaceful and relaxed feeling to these dwellings.
For the savvy investor the opportunity to own a whole block of units ($900k) that would generate great returns with both short & long term rentals. Kamala is also pet friendly and has body corporate rates that won’t break the bank. With the property market in Port Douglas showing early signs of it’s next boom there is no better time to invest in the area.
For more information Call Chris McMullen on 0406 807 259.
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|R&H Suburb Summary||Houses|
|Number of sales||70|
|Median Rental Price||$593 p.w.|
|Change in Rental Rate (5yr)||19 %|
|R&H Suburb Summary||Units|
|Number of sales||252|
|Median Rental Price||$335 p.w.|
|Change in Rental Rate (5yr)||-1 %|