Pool Side Beach Club - Amazing 7% Return

205-206/20-22 Davidson Street, Port Douglas, 4877

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12,750,000 AUDEst. Mortgage: AUD 89,590/monthFor Sale
  • Ownership Type Apartment
  • Property Area 132 sqft
  • Bedrooms 2
  • Bathrooms 2
  • Furnished No
  • Last Updated 18th Feb, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1

Property Overview

Five star Beach Club Port Douglas is iconically renowned for its architecture, location, and encapsulating relaxed holiday atmosphere, and here is a rare and exciting opportunity for a lifestyle investor seeking a slice of this paradise.<br/><br/>Apartments 205 & 206 are uniquely beautifully appointed dual key spaces with 2 bedrooms set on the second floor with lift access and pristine views of the resort lagoon. The studio apartment is a light space offering a spacious bedroom that leads to a private balcony, featuring your own spa bath. It provides a coffee nook in the wardrobe and ensuite bathroom. Inside the one bedroom apartment is a spacious open plan living with wrap around kitchen bench looking over the dining and lounge space. Leading straight off the lounge you have a private balcony looking over the lagoon. Off from the living area is the sizable bedroom with an ensuite and brand new washer, dryer. The master bedroom leads straight to the third balcony, perfect for opening up and letting the beautiful ocean breezes in. <br/><br/>The apartments have just undergone an extensive $50,000 (approx) reinvigoration which secures their popularity well into the future. This is being sold with a solid 7% return for last financial year, keeping in mind a large amount of owner stay, meaning your income could be returning more. The management agreement also allows flexibility for the owner to still be able to enjoy memorable holidays in these amazing apartments, offering the best of both worlds.<br/><br/>Beach Club offers a truly first class resort experience in a cocoon of tropical landscapes with Koko a chic restaurant that offers all-day poolside dining and bar so you don't even have to leave the resort.<br/>Secure underground parking and positioned in the heart of Port Douglas with the vibrant Macrossan Street and famous Four Mile Beach just steps away.<br/><br/>For further information or to discuss the property in more detail contact exclusive agent Mark Flinn on 0405 646 313.<br/><br/>At a Glance:<br/>• Excellent Investment Opportunity with a great return<br/>• Substantial New Refurbishment<br/>• Perfectly Positioned in the Heart of Port Douglas<br/>• Amazing Lifestyle Property<br/>• Rare Opportunity<br/>

Location on Google Map

205-206/20-22 Davidson Street, Port Douglas, 4877

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