FOR SALE
$870,000 INC. MANAGERS APARTMENT

69-71 Davidson Street
Port Douglas QLD 4877

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 95m2
Land area: 2024m2
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INCOME AND LIFESTYLE | MANAGEMENT RIGHTS & APARTMENT

This is a great opportunity for someone who is looking for a sea change and to be part of this thriving Port Douglas business in Tropical Paradise. This is a well established Holiday Apartment complex, and is located very close to Four Mile Beach (200m) and only 10 minutes walk to the main street where all the boutiques, restaurants and cafes are located. Having been well managed in the past it achieved excellent occupancy, and a loyal pool of happy owners.
The Manager's unit included in the sale, offers 2 bedrooms + 2 bathrooms and a very spacious private courtyard. There is a separate laundry area with linen cupboard.
Very supportive committee members, the budget for maintenance of buildings have been planned every year in order to keep the complex very presentable condition.
THE FACTS:
- Consistent Performer with Excellent Body Corporate Salary
- 14 out of 16 units in the holiday letting pool (One owner occupied and one is the manager's unit)
- Guaranteed Body Corporate salary of $52,433.00 inc GST (current)
- Heated pool and BBQ area and beautifully maintained surrounding gardens
- 21 years remaining on care taker's agreements
- Lovely two bedroom, two bathroom apartment with outdoor area.
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Property Details for 69-71 Davidson St, Port Douglas

Building Type
Commercial
Floor Size
95m2
Land Size
2024m2

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About Port Douglas 4877

The size of Port Douglas is approximately 9.9 square kilometres. It has 18 parks covering nearly 16.2% of total area. The population of Port Douglas in 2011 was 3,205 people. By 2016 the population was 3,518 showing a population growth of 9.8% in the area during that time. The predominant age group in Port Douglas is 30-39 years. Households in Port Douglas are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Douglas work in a community and personal service occupation. In 2011, 43.1% of the homes in Port Douglas were owner-occupied compared with 48.2% in 2016.

Port Douglas has 5,247 properties. Over the last 5 years, Houses in Port Douglas have seen a 67.61% increase in median value, while Units have seen a 82.62% increase. As at 31 August 2024:

  • The median value for Houses in Port Douglas is $860,631 while the median value for Units is $472,553.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 160 properties listed for sale, and 53 properties listed for rent in Port douglas on OnTheHouse. According to CoreLogic's data, 281 properties were sold in the past 12 months in Port douglas.

Suburb Insights for Port Douglas 4877

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Ritsuko Dickinson
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Property Shop Port Douglas & Mossman
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.