124/121-137 Port Douglas Rd, Port Douglas is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 125m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom Unit sold in Port Douglas in the last 12 months.
Step into effortless resort-style living with this beautifully refurbished, two-story villa in the highly sought-after Reef Resort, Port Douglas. Offering a spacious layout with 3 generous bedrooms, 2 bathrooms, and a single carport, this property is the ideal tropical retreat, permanent residence, or high-performing investment.
Thoughtfully designed for comfort and privacy, the villa features double-glazed windows, contemporary furnishings, and split system air conditioning throughout. The ground floor includes renovated kitchen and laundry, second shower/powder room, and a spacious open-plan living area that opens to a private patio backing onto tranquil tropical gardens with no rear neighbours.
Upstairs, you'll find three generously sized bedrooms and a well-appointed bathroom, offering comfort and privacy for family or guests. The resort-style facilities are a true highlight, with three sparkling lagoon-style pools, an inviting on-site restaurant, and BBQ areas perfect for relaxed tropical dining. All of this is just moments from the golden sands of Four Mile Beach and the vibrant cafés, boutiques, and attractions of Port Douglas town centre.
Currently leased at $560 per week until June 2026, this villa presents a strong gross rental yield of 7.68%
Offering flexibility for investors with the option to move in or holiday-let down the track where you can demand $700 per week.
At a glance:
- Partially renovated 3-bedroom, 2-bathroom villa
- Double-glazed windows, air-conditioning throughout
- Private outdoor patio, no rear neighbours
- Access to extensive resort facilities
- Just a 10 minute walk to Four Mile Beach
Rates:
- Council Rates - Approx. $3,100/year
Gross Yield:
- Gross rental yield per annum - 7.68%
Disclaimer:
'We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but give no warranty in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.'
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 5,318 properties. Over the last 5 years, Houses in Port Douglas have seen a 22.95% increase in median value, while Units have seen a 41.89% increase. As at 31 August 2026:
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