Port Douglas | 60/62-64 Davidson Street

2 BD APARTMENT – BARGAIN UNDER $250k!- CENTRALLY LOCATED, ONE BLOCK FROM BEACH OVERLOOKING LEAFY GARRICK ST – NO CAR REQUIRED!

OPEN HOME – MONDAY 8th AUGUST 2.00-3.00 PM

This well presented 2 bedroom, 1 bath apartment in the popular, centrally located Reef Club Resort, offers an apartment rich in potential for longer term letting (3 months at a time) and holiday letting! The balcony overlooks the leafy Garrick Street Avenue and is one block from the sands of iconic Four Mile Beach. No car required to stay here! Located only a few minutes walk from Port Douglas’ main street This is a ‘holiday’ zoned property so is not suitable for long term residential (you are allowed to stay 3 months at any one time). This apartment is on the 2nd Floor and is 50 m2.

The property is currently self managed for holiday letting and short term rental (3 months). There are resort managers that can manage this property for you.

The Port Douglas rental market is booming post Covid. Occupancy numbers are now over 80% for holiday lets and short term rental prices are the highest they have ever been. For short term long term rental these apartments have a $450-500 p/w rental income.

This property represents a great opportunity to pick up a profitable investment at an affordable price. In Port Douglas one bedroom properties are now priced over this amount!

Due to 3 years of roof and body corporate issues (which are now all sorted out), properties here are just coming on to the market with no price gauge due to properties being sold off cheaply due to the problems. Now that the Reef Club Resort is back on track, newly decorated internally and externally with new roofing, properties here will organically find their pricing point, but are only just starting…..

The complex offers a immaculately presented pool and sun lounge area, BBQ/entertainment area and secure parking onsite (no designated car spot).

For more information or to arrange an inspection please contact Rosie Wang on 0425 345 771 or email rosie@propertyshopportdouglas.com

The property features,
– 2 Bedrooms – with queen size beds and built in robes
– Kitchenette
– Jack and Jill Bathroom that adjoins living area and master bedroom (with bath and shower)
– Balcony overlooking scenic Garrick St
– Sold Fully Furnished (with all new furnishings)
– Air Con Units installed in both bedrooms and living area
– Very close to the beach
– Freshly painted
– New Electrics
– New roof
– External and internal common areas repainted and carpeted
– Full compliancy