404/56-64 Macrossan St, Port Douglas is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 289m2 and floor size of 289m2. While the property is not currently for sale or for rent, it was last sold in October 2012.
Positioned at the very top of Coconut Grove in the absolute heart of Port Douglas, this expansive 289m penthouse represents a rare opportunity to secure one of the town's most tightly held and consistently high-performing holiday investments.
Designed to deliver both luxury and durability, the residence features generous open-plan interiors, a superbly appointed kitchen and oversized bedrooms that exceed typical resort proportions. Floor-to-ceiling glass doors connect the living spaces to a large balcony with sweeping views across the Coral Sea and mountain ranges, enhancing its strong guest appeal and repeat booking potential.
Above, a private rooftop terrace sets this property apart from anything else in the market. Complete with its own plunge pool, spa, BBQ and expansive entertaining area, this exclusive outdoor space significantly elevates nightly rates and occupancy demand. Located just 100 metres from Four Mile Beach and right on Macrossan Street, guests enjoy immediate access to Port Douglas' restaurants, boutiques and cafs - a key driver of consistent year-round performance.
For investors seeking a blue-chip asset in a premier Far North Queensland destination, this penthouse delivers scale, scarcity and proven income strength in one compelling package.
Investment Highlights
289m penthouse - significantly larger than standard resort apartments
Private rooftop pool, spa and entertaining terrace - premium guest appeal
Three oversized bedrooms and multiple bathrooms - ideal for group bookings
Absolute Macrossan Street position - walk to beach, dining and retail
Approx. 100m to Four Mile Beach
Secure undercover parking and lift access
20m resort-style pool and landscaped tropical grounds
Strong historical performance within one of Port Douglas' highest-returning luxury complexes
High occupancy demand driven by location, views and exclusivity
Sharply priced for immediate sale
Contact Barbara Wolveridge 0418 760 004 or Amanda Haines 0417 248 854 to discuss this opportunity and to arrange a private inspection.
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 5,322 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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