Offers over $199,000
1 Bed • 1 Bath • 0 Car • 38m²
New
C215/316 Port Douglas Road, Port Douglas QLD 4877
Offers over $199,000
- 1Bed
- 1Bath
- 0 Car
- 38m²
Apartment for sale
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What's around Port Douglas Road
Apartment description
“INVESTMENT POCKET ROCKET 9% NET RETURN! - 1 BED APARTMENT, 5 MINS TO CENTRE OF TOWN”
Ramada Resort is a highly popular resort located 4 km from the centre of Port Douglas. With a heated pool, spa, rental bikes, gym, restaurant and swim up pool bar this resort caters for families and couples. As part of the Wyndham Group the Ramada has had numerous upgrades and this spacious 38m2 apartment boasts a large bathroom with spa bath.
Though these are zoned 'holiday' the management does allow for long term guests. Long term rentals can attain @ $400 per week and as for holiday accommodation they can yield around 5% net return.
You can choose to have this managed by the highly efficient on site Ramada management team or self manage or use another third party management agent.
Prior to CV-19, these units produced the best returns per capita of any units in Port Douglas. These days will return.
Some of these self managed units were returning over 16% net return.
Excellent location on the second floor - all floors are serviced by lifts.
For further information please contact Rosie on 0425 34 5771 or email [email protected]
Land details
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What's around Port Douglas Road
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Rosie Wang
Property Shop - - Port Douglas & Mossman
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