OFF MARKET

8 Coral Drive
Port Douglas QLD 4877

Bedrooms: 5
Bathrooms: 5
Car spaces: 4
Floor area: 315m2
Land area: 929m2
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Property Details for 8 Coral Dr, Port Douglas

8 Coral Dr, Port Douglas is a 5 bedroom, 5 bathroom House with 4 parking spaces and was built in 1997. The property has a land size of 929m2 and floor size of 315m2. While the property is not currently for sale or for rent, it was last sold in December 2001.

Building Type
House
Year Built
1997
Floor Size
315m2
Land Size
929m2
Local Government
Douglas
Lot/Plan
53/RP734536

Last Listing description (February 2024)

Both sides are still available, choose your favorite one.

Experience the epitome of architectural elegance with this expansive 2-storey multifunctional home, set in the tranquil suburb of Port Douglas.

The property, situated at 8 Coral Drive, is thoughtfully designed into a duplex featuring two separate dwellings. The innovative layout includes three bedrooms on one side - currently operating as a successful Airbnb, and two bedrooms on the other side with an option to transform into a third bedroom.

This functional design offers endless possibilities for investment buyers looking to capitalise on dual rental income or live in one section while leasing out the other.

One side boasts stunning timber flooring and distinctive pencil cedar windows that not only add character but are perfectly positioned to allow a refreshing breeze throughout the house at all times.

The open-plan living areas are bathed in natural light accentuating their vastness and vaulted ceilings. Both sides also feature fully equipped kitchens, air conditioning, and ceiling fans in all rooms ensuring comfort year-round.

This impressive property doesn't stop there! Step outside onto the wrap-around veranda where you can relish your morning coffee or evening wine while enjoying sweeping views of your sprawling 929m2 allotment. Two sparkling pools invite you for invigorating dips any time of the day while upstairs serves as another outdoor entertaining area perfect for hosting barbecues or family gatherings.

Convenience is key with beach access merely a two-minute stroll down your quiet street and downtown Port Douglas just five minutes away by car. Plus, you'll find ample storage space with two lockable garages included within this grand estate.

In summary, this stunning multifunctional home offers an incredible investment opportunity combining modern comforts with versatile living arrangements amidst tranquil surroundings close to local amenities. Perfect for investment buyers. The entire property is available for sale at $1.95 mil.

Property History for 8 Coral Dr, Port Douglas, QLD 4877

A timeline of how this property has performed in the market
Last Sold
$410,000
12 Dec 2001
Listed for Rent
$400/w
13 Nov 2010
  • 11 Oct 2022
    Listed for Sale $1,980,000
  • 19 May 2021
    Listed for Sale $899,000
  • 19 Oct 2010
    Listed for Rent - Price not available
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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 5,246 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 54 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.