15/16 Macrossan StreetPort Douglas QLD 4877
Property Details for 15/16 Macrossan St, Port Douglas
15/16 Macrossan St, Port Douglas is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 77m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (September 2016)
This dual key apartment has just hit the market, you are now looking at possibly the best returning property in Port Douglas. Super central location combined with professional onsite managers equals big dollars from your investment. Apartments in The Port Douglas Newport are seldom offered for sale due to the exceptional and consistent returns they provide.
The property is comprised of a self contained studio and a 1 bedroom apartment. Both sides have their own private balcony looking over the pool and BBQ area.
The studio has been recently renovated including a completely new bathroom and fresh kitchenette area. They have also installed a privacy wall in the 1 bedroom unit and repainted through-out both.
Dual key w/ studio and 1 bedroom apartment
Studio and one bedroom both fully self-contained and furnished
Recent renovations and paint
2 large enclosed balconies
Quiet location
Southerly views over the complex
This particular property attracts a high occupancy rate given location and position. Current net yield is approx 7% with income after all expenses around $19,000. This should interest the most discerning investor.
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.
Properties returning these sorts of figures rarely stay available for long. Call Joel to secure this money maker today on 0416 840 836
Inspection by appointment only, full income summary available on request.
Property History for 15/16 Macrossan St, Port Douglas, QLD 4877
- 31 Aug 2016Sold for $254,000
- 23 Jun 2016Listed for Sale $259,000
- 27 Aug 2014Listed for Sale $260,000
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 5,316 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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