72/121 Port Douglas Rd, Port Douglas, QLD, 4877

For Sale

72/121 Port Douglas Rd, Port Douglas, QLD, 4877

$420,000

117 m²

Apartment

•

6 days on the market

What's around 72/121 Port Douglas Rd

POOLSIDE RESORT TOWNHOUSE | RESIDE OR INVEST

Reef Resort's residential zoning means this two-bedroom, two-bathroom villa can be a permanent home, a holiday base or a considered investment, with no restriction on how long you occupy it. It backs directly onto the main resort pools, and from the upper level the rear bedroom and balcony look out across the water toward the restaurant. The arrival is deliberate. The villa is elevated above the street and approached by a short flight of steps. The front balcony wraps around the side, giving far more usable outdoor space than the standard layout, and was completely rebuilt and repainted in August this year. Inside, a full wall of glass beside the entry faces west and fills the living space with warm afternoon light, while the staircase wraps the reception on two sides. Large gloss tiles run through the living areas. A shower room upstairs services both bedrooms, and a second shower room off the ground floor laundry is ideal for coming straight in from the pool. Parking is practical. There is one spacious carport space on title, the dimensions can be found on the floor plan. The carport is setback from the main driveway, which is common property and according to the bi-laws cannot be used for parking a second car off the road. Parking a trailer in this space would require prior written approval from the body corporate. An additional visitor space sits directly opposite. The villa is fully furnished and currently tenanted at $700 per week through to 26 February 2027, returning an estimated net yield of around 4.2 per cent on the $420,000 asking price, after management, rates and body corporate levies. Four Mile Beach is within walking distance, and Macrossan Street is minutes away. Inspections are by private appointment only. To arrange a viewing, contact Matthew Essex on 0481 126 732.