205-206/20-22 Davidson StreetPort Douglas QLD 4877
Property Details for 205-206/20-22 Davidson St, Port Douglas
205-206/20-22 Davidson St, Port Douglas is a 2 bedroom, 2 bathroom Unit.
Last Listing description (March 2023)
Five star Beach Club Port Douglas is iconically renowned for its architecture, location, and encapsulating relaxed holiday atmosphere, and here is a rare and exciting opportunity for a lifestyle investor seeking a slice of this paradise.
Apartments 205 & 206 are uniquely beautifully appointed dual key spaces with 2 bedrooms set on the second floor with lift access and pristine views of the resort lagoon. The studio apartment is a light space offering a spacious bedroom that leads to a private balcony, featuring your own spa bath. It provides a coffee nook in the wardrobe and ensuite bathroom. Inside the one bedroom apartment is a spacious open plan living with wrap around kitchen bench looking over the dining and lounge space. Leading straight off the lounge you have a private balcony looking over the lagoon. Off from the living area is the sizable bedroom with an ensuite and brand new washer, dryer. The master bedroom leads straight to the third balcony, perfect for opening up and letting the beautiful ocean breezes in.
The apartments have just undergone an extensive $50,000 (approx) reinvigoration which secures their popularity well into the future. This is being sold with a solid 7.5% return for last financial year, keeping in mind a large amount of owner stay, meaning your income could be returning more. The management agreement also allows flexibility for the owner to still be able to enjoy memorable holidays in these amazing apartments, offering the best of both worlds.
Beach Club offers a truly first class resort experience in a cocoon of tropical landscapes with Koko a chic restaurant that offers all-day poolside dining and bar so you don't even have to leave the resort.
Secure underground parking and positioned in the heart of Port Douglas with the vibrant Macrossan Street and famous Four Mile Beach just steps away.
For further information or to discuss the property in more detail contact exclusive agent Mark Flinn on 0405 646 313.
At a Glance:
• Excellent Investment Opportunity with a great return
Substantial New Refurbishment
Perfectly Positioned in the Heart of Port Douglas
Amazing Lifestyle Property
Rare Opportunity
Property History for 205-206/20-22 Davidson St, Port Douglas, QLD 4877
- 20 Feb 2023Listed for Sale $1,190,000 fully furnished
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0About 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 5,243 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.
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