OFF MARKET

56/62-64 Davidson Street
Port Douglas QLD 4877

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 59m2
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Property Details for 56/62-64 Davidson St, Port Douglas

56/62-64 Davidson St, Port Douglas is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 59m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1998
Floor Size
52m2
Land Size
59m2
Local Government
Douglas
Lot/Plan
56/SP102161

Last Listing description (December 2018)

This exceptionally presented 2 bedroom, 1 bath apartment in the Reef Club Resort offers a whole lot of value especially at this price tag. It presents an inexpensive opportunity to purchase an investment or holiday home only a short stroll from Macrossan St & Four Mile Beach.
Unit 56 is one of the larger 2 bedrooms in the building, is situated on the 3rd floor with an north/easterly aspect, meaning the property is light and bright receiving sun all day round. Situated on the Garrick St side of the complex the apartment enjoys almost direct beach access via a path at the end of the street.
The property has been looked after very well and presents exceptionally. The current owners have recently replaced all 3 air conditioning units (plus the condenser), all new ceiling fans throughout and some lighting has been upgraded also.

Currently leased through the onsite managers, the property is used often by the owners as their private holiday home for the colder months of the year and let as a holiday rental the remaining times. The property has much higher income potential than current figures and would be expected to achieve around 5% Net+ if used solely as an investment.
The property features,
- 2 Bedrooms w/ large master suite
- North Facing Balcony
- Low Body Corporate Fees
- Fully appointed kitchen
- Jack and Jill Bathroom that adjoins living area and master bedroom
- A full size fridge has been installed since the photos
- Well presented throughout
The Reef Club Resort itself also offers an inviting pool and sun lounge area, BBQ/entertainment areas and secure parking onsite.
This property represents a great opportunity to pick up a profitable investment or holiday home at a very affordable price. Current income information and projected figures are available on request.
For more information or to arrange an inspection please contact Joel Cuman from Ray White on 0416 840 836

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Property History for 56/62-64 Davidson St, Port Douglas, QLD 4877

A timeline of how this property has performed in the market
Last Sold
$150,000
26 Nov 2018
  • 26 Nov 2018
    Sold for $150,000
  • 28 Jun 2018
    Listed for Sale $159,000 Neg
  • 24 Apr 2012
    Sold for $118,000
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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 5,243 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.
There are currently 161 properties listed for sale, and 51 properties listed for rent in Port douglas on OnTheHouse. According to CoreLogic's data, 275 properties were sold in the past 12 months in Port douglas.

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