1 & 2/31 Melaleuca Drive, Cooya Beach QLD 4873

Positioned on an enviably large lot of 1,300 sqm, boasting spacious floor plans and a serene location looking onto farm land on the outskirts of Cooya Beach. These two units are being offered for sale together, on one title, and poses a fantastic opportunity for investors, developers and those seeking to occupy the residence in the near future.

For the savvy investor, the current leases (ending April & August 2025) produce a 5% net return at its asking price. For the savvy developer, the back garden is large enough to support further development (STC), and the neighbouring lot (with identical dimensions) houses 4 units. For an owner occupier, there's opportunity to settle within 6-months (avoiding investment stamp duty) and live in one half whilst earning an income from the other.

Each unit comprises a large open plan kitchen-lounge-diner, with access to a covered al fresco area, 2 large bedrooms both with built in wardrobes, a shared bathroom, carport and laundry room. Note images shown are for unit 2, and furnishings are not included in the property sale.

The picturesque Cooya Beach is a short 600m walk down the road, where there is a small, sheltered children's play park. Mossman, the business centre of the Douglas Shire, is appx 4km away, and the tourist strip of Port Douglas is appx 17km.

For more information or to arrange an inspection, contact Matthew Essex on 0481 126 732 or email [email protected] or Alan Crossman on 0419 793 434 or [email protected]