FOR SALE
$1,660,000

Contact Agent For Address
Port Douglas QLD 4877

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Prime Opportunity with Low Multiplier in the Sought-After Four Mile Beach Area – ID 9153

Effortless Holiday Management Rights for Sale
Impeccably Maintained Compact Property, Offering Exceptional Returns
Seize the opportunity to own the management rights to a highly desirable holiday accommodation complex in the beautiful seaside town of Port Douglas. This boutique complex features 19 spacious, fully self-contained apartments, along with a comfortable two-bedroom manager's unit. Each apartment boasts a private balcony or patio with stunning views of tropical gardens or the sparkling swimming pool.
Key Features:
- Accommodation: The apartments are equipped with modern amenities, including an equipped kitchen, laundry facilities, air conditioning, and complimentary Wi-Fi, providing guests with all the comforts of home.
- Attractive Amenities: Guests can enjoy a range of facilities, such as a refreshing swimming pool, relaxing spa, barbecue area, and free parking.
- Management Rights: 24 years remaining on the agreement, offering long-term stability and income.
- Manager's Salary: $45,765 plus GST annually.
- Property Overview: 20 units in total, including a manager’s unit, with 19 apartments in the letting pool.
Located just 100 meters from the iconic Four Mile Beach and within easy walking distance to the vibrant town centre, guests have access to a variety of restaurants, cafes, and shops. The property is perfectly positioned for exploring the world-famous Great Barrier Reef, the ancient Daintree Rainforest, and other natural attractions in Far North Queensland.
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Property Details for Contact Agent For Address, Port Douglas

Building Type
Commercial
Floor Size
1m2

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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 5,251 properties. Over the last 5 years, Houses in Port Douglas have seen a 62.76% increase in median value, while Units have seen a 52.16% increase. As at 31 October 2024:

  • The median value for Houses in Port Douglas is $800,052 while the median value for Units is $425,832.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 163 properties listed for sale, and 59 properties listed for rent in Port douglas on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Port douglas.

Suburb Insights for Port Douglas 4877

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Antonio Curulli
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Management Rights Sales Pty Ltd
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Disclaimer
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.