9/16 Macrossan StreetPort Douglas QLD 4877
Property Details for 9/16 Macrossan St, Port Douglas
9/16 Macrossan St, Port Douglas is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 89m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (March 2017)
I challenge you to find another property returning 7% NET after all expenses.
This ground floor 2 Bedroom Duel Key apartment located in the heart of Macrossan St is a real winner. With proven high returns and the option of personal use for up to 4 weeks of the year, you really can not go wrong here.
Comprised of a self contained one bedroom apartment and a smaller studio apartment w/ kitchenette. Both sides enjoy their own private courtyard facing over the Pool, BBQ and deck area in the centre of the complex. The studio side has recently had the bathroom renovated and the air conditioners have also recently been replaced in both apartments.
With the opportunity here to have an excellent returning investment property for under $300,000, 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 I would recommend calling Joel on 0416 840 836 before this one is snapped up.
*full income breakdown available on request
*property cannot be resided in permanently/leased to long term tenant
Property History for 9/16 Macrossan St, Port Douglas, QLD 4877
- 10 Feb 2017Sold for $275,000
- 23 Jan 2017Listed for Sale $287,000
- 01 Feb 2004Listed for Sale Not Disclosed
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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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