OFF MARKET

22 Sorrento Crescent
Port Douglas QLD 4877

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 929m2
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Property Details for 22 Sorrento Cres, Port Douglas

22 Sorrento Cres, Port Douglas is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1995. The property has a land size of 929m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1995
Floor Size
130m2
Land Size
929m2
Local Government
Douglas
Lot/Plan
56/RP729079

Last Listing description (August 2023)

If you are looking for a property that encompasses the truest of sayings in real estate "LOCATION, LOCATION, LOCATION", then look no further. This is the perfect opportunity to position yourself in the highly sought after Solander area.

This desirable beachside pocket of Port Douglas provides the new owner with a great foundation and a solid built low maintenance residence, on a large parcel of land only footsteps to the iconic Four Mile Beach.

Surrounded by some of the most prestigious homes in Port Douglas, properties in this street rarely change hands.

The possibilities at 22 Sorrento Crescent are endless. The scope to enhance the existing residence and elevate it to mirror the upmarket and high quality neighbours is indisputable.

At present this home encompasses an open plan comfortable living/dining area with ample natural light through large surrounding windows, good ceiling height throughout and a generous sized kitchen, separate laundry, outdoor dining with the rear patio and an attached carport.

Positively packed with potential this property enjoys easy access to the backyard providing ample capacity to extend the well positioned infrastructure and plenty of space to incorporate a pool and a greater outdoor living zone.

Enjoy a steady income stream while you embark on the design aspect, planning and approvals for your dream beachside abode. The neat and tidy long term tenants are locked into a lease until 28/03/2024 at $550 per week.

You can always improve a house but you can't change the location. This property represents extraordinary value and is almost irreplaceable just 120 mts to Four Mile Beach and 3.3km from the heart of town - Macrossan Street Port Douglas.

This property will be going to AUCTION on-site, Saturday 24th of June 2023. *To view the Live Auction on 24th of June, register your interest or for Online Bidder Registration, please follow this link to our Auctions Live platform: https://auctionslive.com/app/bidder-registration/Rymbp

At a glance:
? Highly sought after location
? Large 929 sqm parcel of land
? 120 mts walk to Four Mile Beach
? Income generating
? Solid, well positioned existing home
? Land Bank Investment Opportunity

Property History for 22 Sorrento Cres, Port Douglas, QLD 4877

A timeline of how this property has performed in the market
Last Sold
$720,000
24 Jun 2023
Listed for Rent
$550/w
07 Feb 2023
  • 24 Jun 2023
    Sold for $720,000
  • 18 Jan 2023
    Listed for Rent $550 / week
  • 09 Feb 2022
    Listed for Rent $520 / week
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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 5,248 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, 271 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.