Port Douglas, Queensland

$1,799,000

Property Description

Life is a Retreat | Resort Brokers ID : MR005493

Retreat Port Douglas is something really special featured in a prime location within the Port Douglas landscape. Walking distance to the famous 4 Mile Beach and Macrossan Street. The property boasts 36 apartments all of which are in the letting pool and zoned holiday/short term only.



  • Zoned holiday only with all apartments in the letting pool

  • Consistent performer with strong repeat guests

  • Opportunity for a motivated couple wanting rewards

  • Great location in Port Douglas landscape showing

  • Strong 16% return on investment in tourist hotspot

  • Two bedroom + two bathroom managers unit with private outdoor area

  • Comfortable BC salary and profitable income

  • Property inspections are by appointment only

Date updated: 03 Jun 2020 23:00:06

Property Summary

Business Snapshot

Price: $1,799,000 Net Profit: $321,263 Remuneration / Body Corp Salary: $72,477

Managers Unit

Value of Managers Apartment: $500,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 37Total Units in Letting Pool: 36Holiday Units: 36Owner Occupy Units: 1Agreement Term Remaining: 22 years

Marketing Agent


Marketing Agency

ResortBrokers

Shane Croghan
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Port Douglas, Queensland 4877 Exact map location not provided

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