115-116/20 Davidson Street

Port Douglas QLD 4877

143 m²

Apartment

Currently for sale - view listing

Overview

The Gold Standard of Tropical Investing 8%+ Yield

Step into a lifestyle where your holiday home doesn't just sit idle - it works for you. Apartment 115-116 is a ground-floor, dual-key gem that perfectly captures the relaxed sophistication of Port Douglas while delivering a financial performance that is as impressive as the poolside views. Your private terrace acts as a seamless bridge between your air-conditioned sanctuary and the world-class lagoon pool. This effortless swim-out lifestyle, with direct access ensures the property remains a top-tier choice for travellers seeking connection to the sun, the sand, and the nearby culinary delights of Macrossan Street. Your Private Tropical Retreat: This expansive dual-key haven is meticulously designed for the ultimate holiday experience, offering the versatility of a generous three-bedroom escape or two entirely private sanctuaries. The clever layout separates a sophisticated two-bedroom suite from a stylish studio apartment, which boasts its own signature Beach Club spa terrace. Whether you are unwinding in the dappled sunlight of your private outdoor spa or enjoying the high-end finishes of the light-filled interiors, every corner of this property whispers total relaxation. A Wealth of Benefits: This property is more than a beautiful space; it is a meticulously managed income stream. • A superior net yield: boasting a remarkable 8.01% plus net return all while the owner still used the apartment for over 5 weeks for personal use as well. This asset stands as a testament to the enduring popularity of being pool-side at the Beach Club. • Passive income, perfected: you enjoy a "set-and-forget" investment where the heavy lifting is handled by professional on-site management. • Dual-key versatility: The clever layout allows for two separate income streams under one title, maximising occupancy throughout the year by catering to both couples and families. • Personal paradise: despite its high performance, the property remains your private gateway to paradise. The current owners have enjoyed the best of the Tropical North during peak seasons, all while maintaining a robust financial bottom line. Owned and loved as a dedicated holiday sanctuary, 115-116 represents the pinnacle of smart investing. It provides a robust income stream that elegantly offsets the costs of ownership, allowing you to secure a piece of tropical heaven that is as financially rewarding as it is beautiful. Secure a lifestyle asset where the memories are priceless and the returns are proven. Contact your exclusive agent Mark Flinn on 0405 646 313 to discuss the property further or to arrange your private inspection. Disclaimer: All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.