8/16 Macrossan StreetPort Douglas QLD 4877
Property Details for 8/16 Macrossan St, Port Douglas
8/16 Macrossan St, Port Douglas is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 94m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (July 2021)
This ground floor 2 Bedroom Dual Key apartment located in the heart of Macrossan St is a real winner.
With solid returns in this tropical secluded haven, these units are in demand.
Comprised of a self contained one bedroom apartment and a smaller studio apartment w/ kitchenette (studio $198 and 1 Bed $220 per night in high season), you can maximise any returns with a duplex arrangement.
The unit has just undergone a $5,000 refit (June 2021) with new bathroom cabinet and new kitchen.
The Newport on Macrossan is ideally located just across from the Central Hotel. The building is professionally managed by a friendly long term onsite manager and enjoys many repeat clientele year in year out. Body Corporate fees are also very reasonable. Combining these factors properties in the Newport tend to out perform almost all others on the main street of Port Douglas in terms of Net Yield.
With the opportunity here to have an excellent returning investment property for just $260,000, and also having the option of holidaying each year in one of Australia's premier holiday destinations. What are you waiting for? Whether it be for your super fund, the holidays or for the extra cash it would provide. If you are looking for a safe and profitable place to put your money, call Rosie Wang on 0425 345 771 or email: rosie@propertyshopportdouglas.com
Property History for 8/16 Macrossan St, Port Douglas, QLD 4877
- 05 Jun 2023Sold for $355,000
- 07 May 2019Listed for Sale $260,000
- 09 Jun 2006Sold for $255,000
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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 5,248 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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