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Sold on 15 Oct 2024 - Price Unavailable

4/65 Macrossan Street
Port Douglas QLD 4877

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 87m2
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Property Details for 4/65 Macrossan St, Port Douglas

4/65 Macrossan St, Port Douglas is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Port Douglas in the last 12 months.

Building Type
Apartment
Land Size
87m2
Local Government
Douglas
Lot/Plan
4/BUP70626

Last Listing description (October 2024)

Ray White are thrilled to present an exceptional investment opportunity with this main street apartment, located in a meticulously maintained complex. Featuring two bedrooms and two bathrooms, this property offers a comfortable tropical retreat. Currently thriving as a holiday rental with around $23,000+ net return annually, the residential zoning opens this to standard bank loaning for all investor types to consider.

Apartment Four is a middle level unit featuring an open plan layout with glass sliding doors that lead to a balcony nestled by lush palm trees. The complex itself includes two swimming pools and undercover parking for added convenience.

The location is unbeatable, with an array of restaurants, cafes, bars, coffee shops and retail stores lining the way to Four Mile Beach. Being sold fully furnished and with high quality on-site management on offer, this property is ready for you to buy, move in and start enjoying the vibrant lifestyle of Tropical North Queensland.

This property will be going to AUCTION on-site, Tuesday 15th October at 4:30pm if not sold prior. All offers will be considered pre Auction.
To view the Live Auction on auction day, register your interest, or for Online Bidder Registration, please follow this link to our Auctions Live platform: https://auctionslive.com/app/bidder-registration/0dPrE

Contact Steve Doble 0411 399 344 to arrange your inspection.

At a glance:
• Motivated vendors consolidating their property portfolio
• High quality, experienced onsite management team
• Reasonable Body Corp fees
• Long term track record of above average ROI
• Fully furnished as per photos

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Property History for 4/65 Macrossan St, Port Douglas, QLD 4877

A timeline of how this property has performed in the market
Last Sold
15 Oct 2024
  • 15 Oct 2024
    Sold for $465,000
  • 12 Sep 2024
    Listed for Sale AUCTION
  • 10 Sep 2001
    Sold for $250,000
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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 5,242 properties. Over the last 5 years, Houses in Port Douglas have seen a 64.21% increase in median value, while Units have seen a 59.94% increase. As at 30 September 2024:

  • The median value for Houses in Port Douglas is $628,802 while the median value for Units is $433,795.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 150 properties listed for sale, and 62 properties listed for rent in Port douglas on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Port douglas.

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Steve Doble
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Ray White Port Douglas
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