FOR SALE
Offers over $204,000

C318/316 Port Douglas Road
Port Douglas QLD 4877

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 32m2
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LITTLE POCKET ROCKET 6% NET RETURN - INVEST OR RESIDE

Studio apartments in Ramada tend to be pocket rockets. Not much outlay, but solid returns on investment. With a body corporate under $6000 and minimal linen and cleaning overheads and power for A/C included in the BC, they are little money churners. Despite being 'holiday'* zoned if you wished to rent out long term or reside this is also possible - so this unit also offers great flexibility.
C318 is a well presented, neat unit located on the top floor of the Ramada Resort (with lift access). With tropical ambiance, this unit is overlooking beautiful landscaped gardens and board-walk. All the interior aspects are quality with contemporary color scheme and decor. Recently refurbished with quality kitchenette cabinetry, Crimsafe fly screens, own NBN inlet for quality internet access and double sinks in the bathroom.
You can enjoy the facilities within the resort, the large pool, a therapeutic spa treatment. There is the Bistro restaurant you can dine at (reasonably priced and delicious) and a bar with pool swim up. Or just venture along the short 200 meters stroll to fabulous Four Mile Beach.
Within walking distance away is a bottle shop, takeaway food, Barrier Reef Tavern, Kai Restaurant and Beach Shack bar and restaurant.
* As a holiday zoned apartment it is viewed by financial institutions as an investment property so they will loan, typically, only up to 50% of the value.
Whether you are looking for your first investment opportunity or make this your own weekend away from home residence, the opportunities are endless.
For more information or an inspection please call Rosie Wang on 0425 345 771 or email on rosie@propertyshopportdouglas.com

Property Details for C318/316 Port Douglas Rd, Port Douglas

C318/316 Port Douglas Rd, Port Douglas is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 32m2. The place is currently for sale with Property Shop Port Douglas & Mossman.

Building Type
Apartment
Floor Size
32m2

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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 5,255 properties. Over the last 5 years, Houses in Port Douglas have seen a 60.22% increase in median value, while Units have seen a 65.41% increase. As at 31 July 2024:

  • The median value for Houses in Port Douglas is $819,869 while the median value for Units is $412,826.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 160 properties listed for sale, and 76 properties listed for rent in Port douglas on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Port douglas.

Suburb Insights for Port Douglas 4877

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Rosie Wang
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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.