1/3 Coral Dr, Port Douglas is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 809m2.
Astute investors are sure to recognise the potential value of this beachside duplex block that resides within 400 metres of famous Four Mile Beach.
At a generous 809m2, the block holds excellent redevelopment potential, subject to council approval.
While our vendors had some pretty impressive plans drawn up, they have decided to focus on other projects, providing for this rare and unique opportunity.
In its current state the property comprises a pair of duplex units each featuring:
* Two good sized bedrooms
* One bathroom
* Full kitchen
* Lounge and dining space
* Laundry
* Carport
* Exclusive use garden/yard
* Easy stroll to Four Mile Beach and parkland
* Approximately 4km to town centre
* Both currently tenanted providing instant income
For all the details or to request an inspection contact Matt on 0457 738 804 or mscott.portdouglas@ljhooker.com.au
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 5,249 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:
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