OFF MARKET

25/27-31 Davidson Street
Port Douglas QLD 4877

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 117m2
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Property Details for 25/27-31 Davidson St, Port Douglas

25/27-31 Davidson St, Port Douglas is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 117m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2012.

Building Type
Unit
Year Built
2007
Floor Size
86m2
Land Size
117m2
Local Government
Douglas
Lot/Plan
25/SP199695

Last Listing description (September 2013)

5 STAR LUXURY RESORT ??? 6.5% NET RETURN
Shantara is one of the more recently built resorts in Port Douglas, and is ideally located in the heart of town, within 400m of both the beach and Macrossan St. A contemporary, small boutique, resort-style complex offering up-market self-contained accommodation, and top-notch management.
Immaculately presented, this 2 bed/2 bath Dual-key apartment enjoys one of the highest occupancies in town, by far! The dual-key configuration ensures the owners receive income from 2 apartments, a one bedroom and a studio, or they can be let as a 2 bedroom apartment. This offers you the highest potential for income.

This resort runs on a pooled income/expenses method, all owners receive the exact same income. After ALL costs the net income to the owner for 2012 was $31K+ which at $480K represents a 6.52% net return!!
You will not find a better presented apartment in Port Douglas, nor will you find stronger returns. Priced to sell quickly so call Caroline Yarr to find out more 0409 365 261.

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Property History for 25/27-31 Davidson St, Port Douglas, QLD 4877

A timeline of how this property has performed in the market
Last Sold
$460,000
24 Oct 2012
  • 27 Aug 2013
    Listed for Sale $490,000
  • 24 Oct 2012
    Sold for $460,000
  • 07 Jun 2007
    Sold for $2,310,000

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