Mediterranean Inspired Holiday Retreat- 7.46% Return

As high returning apartments become harded to find this little gem certainly is one, boasting a 7.46% net return for the last 12 months.

Port Douglas offers this Mediterranean architecturally inspired holiday destination, primely located right on Macrossan's stylish strip with world class boutiques and eateries.

Two stunning winter heated pools greet holiday guests as they enter the complex, enhancing the tropical lifestyle. The apartment itself is located on the first floor opening onto your very own balcony, featuring a spacious one bedroom layout, a sleek modern bathroom, and a quaint yet functional kitchen with a four burner electric stove and a dishwasher.

The property is nestled back from the main street, offering a laidback relaxing vacation with all the holiday activities at your fingertips. It's the ideal opportunity for generating rental income for the lucrative investor.

At a glance:
• Central location
• Direct access from Macrossan Street to the apartment with no stairs
• Close to all amenities
• Spanish inspired architecture
• Profitable Income
• Recent substantial exterior building upgrades, including repainting

Secure this unique opportunity to expand your portfolio with this one bedroom, one bathroom holiday retreat, beautifully positioned in a prime central location. With its Mediterranean charm and excellent income-generating potential, this property offers the best holiday destination whilst offering you a reliable rental income.

For more information or to schedule an inspection, please contact Mark Flinn on 0405 646 313.

Disclaimer: All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Explore the area

School catchments

Newman Catholic College - Port Douglas Campus Secondary Catholic 0.23km
Port Douglas State School Primary Prep-6 Government 4.6km
Mossman State High School Secondary 7-12 Government 9.9km
Mossman State School Primary Prep-6 Government 10.0km
St Augustine's School Primary Prep-6 Catholic 10.5km
Miallo State School Primary Prep-6 Government 14.2km
Wonga Beach State School Primary Prep-6 Government 16.7km
Julatten State School Primary Prep-6 Government 19.0km
Djarragun College - Girl Academy Campus Secondary Independent 22.2km
Mount Molloy State School Primary Prep-6 Government 25.3km
Daintree State School Primary Prep-6 Government 30.3km
Alexandra Bay State School Primary Prep-6 Government 30.3km
Cairns Hinterland Steiner School Combined Prep-8 Independent 38.7km
Kuranda District State College Combined Prep-12 Government 39.2km
Northern Beaches Catholic Primary School Primary Catholic 40.0km
Trinity Anglican School - Marlin Coast Campus Primary Independent 41.1km
Tropical North Learning Academy - Trinity Beach State School Primary Prep-6 Government 42.1km
Holy Cross School Primary Prep-6 Catholic 43.9km
Tropical North Learning Academy - Smithfield State High School Secondary 7-12 Government 44.0km
Newman Catholic College Secondary 7-10 Catholic 44.4km
Peace Lutheran College Combined Prep-12 Independent 50.3km
Freshwater Christian College Combined Prep-12 Independent 52.4km
St Andrew's Catholic College Redlynch Valley Combined Prep-12 Catholic 53.1km
Redlynch State College Combined Prep-12 Government 53.4km
Mareeba State High School Secondary 7-12 Government 57.2km
Mooroobool Silver Lining School Secondary Independent 57.3km
Cairns School of Distance Education Combined Prep-12 Government 57.6km
FNQ Vocational Academy Secondary Government 57.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.