56/62-64 Davidson Street PORT DOUGLAS QLD 4877
$159,000 Neg

DESCRIPTION

This exceptionally presented 2 bedroom, 1 bath apartment in the Reef Club Resort offers a whole lot of value especially at this price tag. It presents an inexpensive opportunity to purchase an investment or holiday home only a short stroll from Macrossan St & Four Mile Beach.

Unit 56 is one of the larger 2 bedrooms in the building, is situated on the 3rd floor with an north/easterly aspect, meaning the property is light and bright receiving sun all day round. Situated on the Garrick St side of the complex the apartment enjoys almost direct beach access via a path at the end of the street.

The property has been looked after very well and presents exceptionally. The current owners have recently replaced all 3 air conditioning units (plus the condenser), all new ceiling fans throughout and some lighting has been upgraded also.

Currently leased through the onsite managers, the property is used often by the owners as their private holiday home for the colder months of the year and let as a holiday rental the remaining times. The property has much higher income potential than current figures and would be expected to achieve around 5% Net+ if used solely as an investment.

The property features,
- 2 Bedrooms w/ large master suite
- North Facing Balcony
- Low Body Corporate Fees
- Fully appointed kitchen
- Jack and Jill Bathroom that adjoins living area and master bedroom
- A full size fridge has been installed since the photos
- Well presented throughout

The Reef Club Resort itself also offers an inviting pool and sun lounge area, BBQ/entertainment areas and secure parking onsite.

This property represents a great opportunity to pick up a profitable investment or holiday home at a very affordable price. Current income information and projected figures are available on request.

For more information or to arrange an inspection please contact Joel Cuman from Ray White on Reveal Phone