C314/316 Port Douglas Road, Port Douglas, QLD, 4877

SoldOct 12, 2023

C314/316 Port Douglas Road, Port Douglas, QLD, 4877

$172,500

38 m²

Apartment

•

30+ days on the market

Sold: Oct 12, 2023

What's around C314/316 Port Douglas Road

INVESTMENT POCKET ROCKET 9% NET RETURN! - 1 BED APARTMENT, 5 MINS TO CENTRE OF TOWN

Ramada Resort is a highly popular resort located 4 km from the centre of Port Douglas. With a heated pool, spa, rental bikes, gym, restaurant and swim up pool bar this resort caters for families and couples. As part of the Wyndham Group the Ramada has has numerous upgrades and this spacious 38m2 apartment boasts a large bathroom with spa bath. Though these are zoned 'holiday' the management does allow for long term guests. Long term rentals can attain @ $400 per week and as for holiday accommodation they can yield around 5% net return. You can choose to have this managed by the highly efficient on site Ramada management team or self manage or use another third party management agent. Prior to CV-19, these units produced the best returns per capita of any units in Port Douglas. These days will return. Some of these self managed units were returning over 16% net return. Excellent location on the top floor in C- Block. For further information please contact Rosie on 0425 34 5771 or email rosie@propertyshopportdouglas.com

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Seller's review

almost 3 years ago

Verified Review

Excellent service from Rosie

Thankyou Rosie for obtaining another great sales result with the sale of my second apartment in "Port Douglas"...Your knowledge & easy going nature made the whole process stress free.

Linda

Seller