27/27-31 Davidson StreetPort Douglas QLD 4877
Property Details for 27/27-31 Davidson St, Port Douglas
27/27-31 Davidson St, Port Douglas is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 120m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2014.
Last Listing description (September 2014)
PRICE DROPPED BY $35K FOR IMMEDIATE SALE! 7.2% RETURN AFTER ALL EXPENSES!
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 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, as each are identical. With a Gross rental of $50K+, after ALL expenses (Incl Body Corps, Rates and Insurance) the net income to the owner for the past 12 months was $35K+ which at $495K represents a 7.2% 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.
Property History for 27/27-31 Davidson St, Port Douglas, QLD 4877
- 01 Aug 2014Sold for $485,000
- 07 Apr 2014Listed for Sale $495,000
- 20 Jun 2007Sold for $765,000
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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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