10/16 Macrossan Street PORT DOUGLAS QLD 4877
Now $250,000

SUMMARY
PRIME LOCATION, POOL ACCESS, GROUND FLOOR, DUAL KEY AND GREAT ROI @ 6%
PROPERTY DETAILS
Price
Now $250,000
Listing Type
Residential For Sale
Property Type
Unit/Apartment/Flat
Bedrooms
2
Bathrooms
2
Method of Sale
For Sale
DESCRIPTION
This 2 Bed , 2 Bath ground floor dual key apartment in the centrally located Newport On Macrossan boutique resort has direct pool access, super central main street location and most importantly is a great investment property (Nearly 6% net return).

This dual key property offers great flexibility enabling it to be let out as a 2 bed 2 bath or a self contained studio and a separate 1 bedroom apartment. Both sides have their own private patio with the larger 1 bedroom side having direct access to the pool and BBQ area. The studio has a huge spa which is always a popular choice with couples.

The property is very quiet and private as it is at the back of the building and protected from street view.

2 Bed 2 Bath
OR Studio and one bedroom both fully self-contained and furnished

Ground Floor so no steps with baggage
2 large enclosed balconies
In the heart of Port Douglas
4 min walk to Four Mile Beach swimming area
Quiet location

This particular property attracts a high occupancy rate given location and position. Current net yield is 5.91% after expenses which has consistent increased over recent years. This should interest the most discerning investor, holiday maker or retiree looking to bolster their self managed super find with high net yield investments. Full income summary available on request.

This investment property also provides the owner with the option for personal use, meaning you also get the benefit of a holiday or two each year in this beautiful part of the world.

Recent price reduction makes this property even more attractive.

Inspection by appointment only. Contact Rosie Wang Reveal Phone or email: rosie@propertyshopportdouglas.com
INFORMATION
New or Established
Established
MORE INFORMATION
Outdoor Features
Swimming Pool
Indoor Features
Alarm System
Heating/Cooling
Air Conditioning
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