This property is a unit in 15/SP118437 Port Douglas QLD. It has an estimated value of $270,000. Constructed in 1999, it has 2 bedrooms, 2 bathrooms.
I challenge you to find better returns! Over $19K+ Net Return (7%) This dual key apartment has just hit the market, you are now looking at possibly the best returning property in Port Douglas. Super central location combined with professional onsite managers equals big dollars from your investment. Apartments in The Port Douglas Newport are seldom offered for sale due to the exceptional and consistent returns they provide.The property is comprised of a self contained studio and a 1 bedroom apartment. Both sides have their own private balcony looking over the pool and BBQ area.The studio has been recently renovated including a completely new bathroom and fresh kitchenette area. They have also installed a privacy wall in the 1 bedroom unit and repainted through-out both.The property is very quiet and private as it is at the back of the building and protected from street view. Dual key w/ studio and 1 bedroom apartment Studio and one bedroom both fully self-contained and furnished Recent renovations and paint 2 large enclosed balconies Quiet location Southerly views over the complexThis particular property attracts a high occupancy rate given location and position. Current net yield is approx 7% with income after all expenses around $19,000. This should interest the most discerning investor.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.Properties returning these sorts of figures rarely stay available for long. Call Joel to secure this money maker today on 0416 840 836Inspection by appointment only, full income summary available on request.