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Apartment

13/51 Macrossan Street Port Douglas, QLD 4877

Sold for $242,000 on 18 Oct 2016
  • 2 Beds
  • 2 Baths
  • 1 Car
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Apartment in Port Douglas

6%+ Returns and Killer Location - Dual Key @ The Regal on Macrossan

  • 2 Beds
  • 2 Baths
  • 1 Car

Located on the main stretch of Port Douglas on the quieter end of Macrossan St, this large dual key property in the Regal on Macrossan makes for the ideal hotel for holiday makers of all requirements. This statement is proven by the high net returns the property has received over past years coming in at over 6% for the 2015 - 2016 Financial Year. With the tourism numbers on the rise we do expect to see even better figures over the coming years.

As the property is a Dual Key you have the benefit of having 2 separate streams on income, and also having the ability to use the property whilst having the other room making you money. Owners usage is at 4 weeks per annum as per management agreement.
The apartment or apartments are immaculately presented as is the building which is ran by long standing professional onsite managers. The Regal enjoys many repeat guests each year.

Property Features,
- 1 Studio and a 1 Bedroom Apartment
- Spa in Studio and Jacuzzi in the 1 Bed Apartment
- Quiet outlook over Owen St
- Over 6% Net Return
- Ideal Location equating to High Occupancy

So if you are looking for a "holiday investment" that also provides you with an income stream, then 13/51 Macrossan St is absolutely worth taking a look at. So give Joel Cuman a call on 0416 840 836 to arrange an inspection today.

Income breakdown available on request. Inspections by appointment.

Parking:

1 garage space

Bedrooms:

2

Bathrooms:

2

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Suburb

Port Douglas

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