One of only 18 apartments in Crescent, a quietly held complex on St Crispins Avenue, offering two bedrooms, two bathrooms, underground parking and 101 sqm of living, with body corporate levies of just $6,111 a year.
Built in 2007 and consistently well maintained, with a body corporate that has kept the building and its facilities in the condition that its sales history reflects. For a buyer weighing up the true cost of ownership in Port Douglas, that combination is rare at this price and it is the first thing worth understanding about this apartment.
Residentially zoned, with no letting pool and no resort management agreement, so it can be lived in, rented long term or kept for your own use, entirely as you choose.
Inside, one of the larger floor plans in the complex. Two spacious bedrooms with built in robes, an en suite shower room to the master, a second full bathroom, and a separate laundry. The open plan kitchen, lounge and dining area flows out to a covered first floor balcony facing west over the pool, catching the breeze Port Douglas buyers pay a premium for and perfectly placed for the late afternoon light. Sold unfurnished, ready to be made your own.
Downstairs, a 15 metre pool built for swimming laps with a seated spa at one end, a BBQ pavilion, and secure underground parking. Resort facilities without resort levies.
Every apartment in Crescent is a carbon copy of the next, identical in size, layout and finish, which makes the sales history here unusually clear. A sale within the complex in February this year achieved $480,000, with no renovation or premium aspect behind the figure. In 2021 these apartments were changing hands in the mid $260,000s, in line with the Port Douglas unit market, and they have since grown at close to double the pace of the suburb.
Currently tenanted on a periodic basis, allowing flexibility for either an investor or a buyer looking to move in.
Eighteen apartments. Tightly held. Now asking $485,000.
Inspections are by private appointment and grouped where possible, out of respect for the tenant, so contact Matthew Essex on 0481 126 732 to secure your time. Apartments in this complex do not come up often, and this one is priced on evidence rather than hope.
