3/1-3 Garrick StreetPort Douglas QLD 4877
Property Details for 3/1-3 Garrick St, Port Douglas
3/1-3 Garrick St, Port Douglas is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 105m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (October 2022)
This boutique holiday apartment complex comprises 12 spacious well-appointed and maintained holiday rental apartments.
The long standing current Managers have made Port Douglas their home for the past 13 years while continuing to live the Tropical North Queensland lifestyle and are now ready to retire.
The business is very productive with a history of continued success in the holiday rental market with strong forward bookings.
+ Included in the sale of the Management Rights is the spacious a 2 Bedroom | 2 Bathroom Balboa Apartment #3 Managers Residence with a dedicated office and reception area
+ Balboa is one of the best positioned holiday rental establishments in Port Douglas with a relaxing poolside area and just 50 metres from the stunning 4 Mile Beach
+ With only 12 apartments to manage and service in the complex, Balboa presents an excellent opportunity for an experienced and energetic team looking to earn an income and enjoy life in Far North Queensland
+ The Balboa complex is located on the corner of Macrossan and Garrick Streets and within walking distance to the shopping precinct and Crystalbrook Superyacht Marina
+ Excellent Net Profit Returns
+ Sale Price is inclusive of the Management Rights and Managers onsite residence
Contact Ronni Leigh for more information, or to arrange an inspection on:
0419 232 322 or ronni.leigh@agencyhq.net.au
Property History for 3/1-3 Garrick St, Port Douglas, QLD 4877
- 16 Oct 2024Sold for $550,000
- 17 May 2022Listed for Sale $1,298,000
- 14 Sep 2007Sold for $550,000
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0About Port Douglas 4877
The size of Port Douglas is approximately 9.9 square kilometres. It has 18 parks covering nearly 16.2% of 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 5,306 properties. Over the last 5 years, Houses in Port Douglas have seen a 73.81% increase in median value, while Units have seen a 57.40% increase. As at 30 November 2025:
- The median value for Houses in Port Douglas is $909,386 while the median value for Units is $399,189.
- Houses have a median rent of $650 while Units have a median rent of $580.
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