SoldAug 2, 2023

167/5 Escape Street, Port Douglas, QLD, 4877

$400,000

2
2
1
107 m²

Unit

Sold: Aug 2, 2023

What's around 167/5 Escape Street

PREMIUM POOLSIDE POSITION

Get ready to escape the ordinary and relax in your own private villa in beautiful Port Douglas. This two-bedroom villa, that is very appealing to owner/occupiers or holiday property investors, is located in "Reef Terraces on Escape" and has a premium position right next to the pool plus a ground floor entrance and an undercover patio off the living area. This villa can be owner occupied and would make an ideal first investment as the furniture is included and there is nothing to do - just start earning income as either a permanent rental or a holiday rental property. The on-site managers provide professional service & an enjoyable stay for guests having a holiday in Port Douglas which shows in the consistently repeat visitor numbers. With the shortage of rental properties in Port Douglas at the moment, there would be no problem having this rented to a long-term tenant very quickly. Alternatively, use this as your holiday unit for family & friends whenever they want then rent it out the rest of year to cover the costs. Villa features include: * Fully equipped kitchen with full size fridge, dishwasher, microwave & cooktop. * Wall mounted TV & sound system * Lounge & dining open plan area * Double height ceiling for extra natural light & ventilation * Air conditioning in all rooms * Ceiling fans in all rooms * Upstairs - 2 bedrooms & 1 bathroom * Bedrooms have carpet flooring & mirrored built in wardrobes * Downstairs is second bathroom next to laundry area and exterior entrance door * Laundry has washing machine, clothes dryer, sink & storage cupboard * Tiled flooring downstairs * Fully furnished * Undercover patio seating area has direct pool access * Currently managed by the On-site managers as holiday apartment * Live here permanently * Car parking nearby on site * Long term rental option at $500 per week approx. * Body Corporate Strata Levies $7767 approx. per year * Council Rates $2900 approx. per year. * Holiday let income & expenses summary available on request. ** Call to make an appointment to view this villa and get ready to make your move into the exciting Port Douglas real estate market!

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