Port Douglas, Queensland

Truly the Heart of Port Douglas

$1,450,000

Property Description

In the heart of Macrossan Street, Port Douglas, prime corner location, with office / reception at picturesque street level.
Delightful property and a pleasure to present to the market. A very special boutique resort.
Health reasons alone force the vendors into an early sale, with a Covid impacted net.
Very easy stroll to beach, yet surrounded by chic cafes, pubs, boutiques and attractions.
All one bedroom apartments with similar tasteful furnishings and fittings, also one disabled unit.
Popular property with advantage of walk in traffic in the low season, good repeat business.
Nicely landscaped, maintained and decorated in keeping with the tropical village theme. Easily maintained.
A very good business and excellent lifestyle.
Great wholesaler agreements.
Manager receives 12% plus an additional 3% management fee.
Good agreements, with a cooperative Body Corporate. No owners permitted to live on site.
Great opportunity here. Call Calvin today.

Property Summary

Business Snapshot

Price: $1,450,000 Net Profit: $222,000 Remuneration / Body Corp Salary: $61,707Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Spacious two bedroom/two bathroom apartment on the first level. Also additional area for storage or separate office area

Complex Information

Complex Type: HolidayTotal Units in Complex: 28Total Units in Letting Pool: 24Holiday Units: 24Outside Agent Units: 3Manager Units: 1Pool: YesBBQ Area: YesPay TV: YesWIFI: Yes