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Apartment

9/16 Macrossan Street Port Douglas, QLD 4877

Sold for $275,000 on 24 Feb 2017
  • 2 Beds
  • 2 Baths
  • 1 Car
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Apartment in Port Douglas

7% Net Return… Proven Performer on the Main Street

  • 2 Beds
  • 2 Baths
  • 1 Car

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.

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.

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

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Pool
  • Terrace/Balcony
Building:

89m²

Parking:

1 garage space

Bedrooms:

2

Bathrooms:

2

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Suburb

Port Douglas

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