9/48 Macrossan Street, Port Douglas, QLD 4877 | Property Value & History | OnTheHouse
OFF MARKET

9/48 Macrossan Street
Port Douglas QLD 4877

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 59m2
Land area: 136m2
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Property Details for 9/48 Macrossan St, Port Douglas

Building Type
Commercial
Year Built
1997
Floor Size
59m2
Land Size
136m2
Local Government
Douglas
Lot/Plan
9/SP138584

Last Listing description (July 2024)

This is a rare opportunity to purchase an iconic 136 sqm commercial premises in the heart of town. The Port Douglas Australia Post Office has traded from these premises for over 29 years. The current tenancy has rolled over to a periodic month by month lease, which opens multiple opportunities for a new owner. Choose to work with the current long standing tenants and negotiate a new lease agreement or operate your own business from this prominent and accessible high traffic position.

The tenants are currently paying an attractive $61,026 plus gst and all outgoings. On the current lease this equates to an investment approximate return of 10% on the current rent, at a purchase price of $580,000.

The combination of a truly unbeatable location, positive investment return and its reputable long standing tenant whose business provides an invaluable service to community are true highlights, this is one not to be missed.

Contact Mark Flinn 0405 646 313 to arrange an inspection or for more information.

At a glance:
136 sqm commercial premises
High traffic area with Australia Post tenancy
Strong income revenue opportunity
4 carparks + storage cage on Title
Off street and side street customer parking
Truck access with rear entry door

Property History for 9/48 Macrossan St, Port Douglas, QLD 4877

A timeline of how this property has performed in the market
Last Sold
$555,000
16 Jul 2024
  • 16 Jul 2024
    Sold for $555,000
  • 11 Jun 2024
    Listed for Sale $580,000
  • 21 Jun 1996
    Sold for $350,000
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About 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 5,309 properties. Over the last 5 years, Houses in Port Douglas have seen a 46.52% increase in median value, while Units have seen a 79.80% increase. As at 31 January 2026:

  • The median value for Houses in Port Douglas is $949,006 while the median value for Units is $444,051.
  • Houses have a median rent of $650 while Units have a median rent of $583.
There are currently 155 properties listed for sale, and 51 properties listed for rent in Port douglas on OnTheHouse. According to Cotality's data, 318 properties were sold in the past 12 months in Port douglas.

Suburb Insights for Port Douglas 4877

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.