10/16 Macrossan StreetPort Douglas QLD 4877
Property Details for 10/16 Macrossan St, Port Douglas
10/16 Macrossan St, Port Douglas is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 93m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (July 2021)
This 2 Bed , 2 Bath ground floor dual key apartment in the centrally located Newport On Macrossan boutique resort has direct pool access, super central main street location and most importantly is a great investment property (Nearly 6% net return).
This property has just had a $5000 upgrade with new bathroom cabinets and a refitted kitchen.
This dual key property offers great flexibility enabling it to be let out as a 2 bed 2 bath or a self contained studio and a separate 1 bedroom apartment. Both sides have their own private patio with the larger 1 bedroom side having direct access to the pool and BBQ area. The studio has a huge spa which is always a popular choice with couples.
The property is very quiet and private as it is at the back of the building and protected from street view.
2 Bed 2 Bath
OR Studio and one bedroom both fully self-contained and furnished
Ground Floor so no steps with baggage
2 large enclosed balconies
In the heart of Port Douglas
4 min walk to Four Mile Beach swimming area
Quiet location
This particular property attracts a high occupancy rate given location and position. Current net yield is 5.91% after expenses which has consistent increased over recent years. This should interest the most discerning investor, holiday maker or retiree looking to bolster their self managed super find with high net yield investments. Full income summary available on request.
This investment property also provides the owner with the option for personal use, meaning you also get the benefit of a holiday or two each year in this beautiful part of the world.
Recent price reduction makes this property even more attractive.
Inspection by appointment only. Contact Rosie Wang 0425 345 771 or email: rosie@propertyshopportdouglas.com
Property History for 10/16 Macrossan St, Port Douglas, QLD 4877
- 13 May 2023Sold for $355,000
- 01 Dec 2017Listed for Sale $275,000
- 23 Oct 1998Sold for $240,500
Recent sales nearby
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0About Port Douglas 4877
The size of Port Douglas is approximately 9.9 square kilometres. There are 18 parks, covering nearly 16.2% of the total area. The population of Port Douglas in 2016 was 3504 people. By 2021 the population was 3650 showing a population growth of 4.2% in the area during that time. The predominant age group in Port Douglas is 30-39 years. Households in Port Douglas are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Douglas work in a community and personal service occupation.In 2021, 55.00% of the homes in Port Douglas were owner-occupied compared with 48.20% in 2016.
Port Douglas has 5,312 properties. Over the last 5 years, Houses in Port Douglas have seen a 32.34% increase in median value, while Units have seen a 53.19% increase. As at 31 July 2026:
- The median value for Houses in Port Douglas is $920,204 while the median value for Units is $425,588.
- Houses have a median rent of $760 while Units have a median rent of $600.
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