OFF MARKET

348 Port Douglas Road
Port Douglas QLD 4877

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 166m2
Land area: 873m2
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Property Details for 348 Port Douglas Rd, Port Douglas

348 Port Douglas Rd, Port Douglas is a 5 bedroom, 2 bathroom House and was built in 1971. The property has a land size of 873m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1971
Floor Size
166m2
Land Size
873m2
Local Government
Douglas
Lot/Plan
2/RP734535

Last Listing description (August 2023)

A property with so much opportunity on offer, Ray White Port Douglas are proud to market this current investment property for new owners and new ideas. This property offers a large parcel of land in a central location, ideal if you are looking to expand the original dwelling, or already council approved is the opportunity to subdivide and rebuild 2 homes.

Welcome to your perfect investment opportunity located on the iconic palm tree lined, Port Douglas Road. This exceptional duplex, situated on a spacious parcel of land, offers a range of possibilities in a highly sought-after location.

What sets this property apart is the range of lifestyle and investment opportunities that 348 Port Douglas Road provides:

Long term rental - the property is currently returning $825pw and this is set to increase to $925pw. With a long-term tenant who has been there for over twenty years, you have the added advantage of stability and reliable income.
Short term rental - increase the rental return by offering short term rental for both units. Or live in one and rent the other one out to give you the best of both options for a great lifestyle.
Council approved subdivision - build two homes dividing the 873m2 block into two seperate titles, further enhancing the value and versatility of 348 Port Douglas Road.

This range of options presents an outstanding investment opportunity for those looking to capitalise on the thriving real estate market in Port Douglas.

Unit 1 features a well-designed layout with 2 bedrooms, 1 bathroom, a large open-plan kitchen, and a spacious living area. The convenience of a separate laundry adds to the overall functionality of the unit. With its own driveway, expansive front and rear gardens, and additional parking spaces at the front of the property, this unit provides ample space for comfortable living. The property also offers a garden storage area, and there's even room to add a pool if desired.

Unit 2 boasts 3 bedrooms, 1 bathroom, a generous open-plan kitchen, and a spacious living area. The unit includes three large fully fenced gardens, creating a private and secure outdoor space for relaxation and entertaining. With a garden shed and additional storage areas, you'll have plenty of room to store your belongings. Similar to Duplex 1, this unit offers the potential for a pool.

One of the standout features of this duplex is the large open living and cooking area, providing a welcoming and comfortable space for both residents and guests alike. It's the perfect setting to create lasting memories with family and friends.

Take advantage of the fantastic location by strolling down to the nearby beach to witness breathtaking sunrises or enjoy a leisurely cycle into town, returning along the beach for a truly picturesque experience.

Don't miss out on this incredible investment opportunity and the chance to own a property in the heart of Port Douglas. Contact us today to arrange a viewing and explore the boundless potential that this duplex has to offer.

Contact Steve Doble 0411 399 344 to arrange an inspection.

Some of the key features of 348 Port Douglas Road are:
Central location
Large parcel of land
Multiple lifestyle opportunities
Holiday or permanent rental income for investors
Short 4 minute walk to tropical 4 mile beach

Property History for 348 Port Douglas Rd, Port Douglas, QLD 4877

A timeline of how this property has performed in the market
Last Sold
$840,000
14 Jul 2023
Listed for Rent
$260/w
21 May 2013
  • 14 Jul 2023
    Sold for $840,000
  • 09 Jun 2023
    Listed for Sale Not Disclosed
  • 03 May 2013
    Sold for $295,000
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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 5,241 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 161 properties listed for sale, and 51 properties listed for rent in Port douglas on OnTheHouse. According to CoreLogic's data, 273 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.