OFF MARKET

17/16 Macrossan Street
Port Douglas QLD 4877

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 102m2
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Property Details for 17/16 Macrossan St, Port Douglas

17/16 Macrossan St, Port Douglas is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 102m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
1999
Floor Size
102m2
Land Size
102m2
Local Government
Douglas
Lot/Plan
17/SP118437

Last Listing description (June 2016)

This penthouse level dual key apartment has just hit the market, you are now looking at one of the best returning properties in Port Douglas and surrounds. Desirable location combined with professional onsite managers equals big dollars from your investment.
Apartments in The Port Douglas Newport are rarely offered for sale due to the exceptional and consistent returns they provide.
The property details are:

Dual key w/ studio and 1 bedroom apartment
Studio and one bedroom both fully self-contained
All furniture included
Modern kitchens and bathrooms (studio bathroom recently renovated)
All air-conditioners recently replaced
Large enclosed balconies
Top floor location
Southerly views over the complex and mountains
This particular property attracts a high occupancy rate given location and position in building. Current net yield is close to 5% which is nothing short of spectacular.
This investment property also provides the owner with the option for personal use of up to 4 weeks of the year. Meaning you also get the benefit of a holiday to one of the Top 10 holiday destinations in Australia for you and your family each year.
Properties returning these sorts of figures rarely stay available for long. Secure your future today by contacting Joel Cuman on 0416 840 836
Inspection by appointment only, full income breakdown available on request.

Property History for 17/16 Macrossan St, Port Douglas, QLD 4877

A timeline of how this property has performed in the market
Last Sold
$320,000
03 May 2016
  • 03 May 2016
    Sold for $320,000
  • 20 Apr 2016
    Listed for Sale Not Disclosed
  • 09 Aug 2010
    Sold for $340,000
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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 5,242 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 165 properties listed for sale, and 51 properties listed for rent in Port douglas on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Port douglas.

Suburb Insights for Port Douglas 4877

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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.