C326/316 Port Douglas Road, Port Douglas QLD 4877

NEW PRICE AND THE SELLER'S CIRCUMSTANCES HAS CHANGED AND WANT TO SELL IT!!

WOW! Unbeatable nett return makes this a a great investment property.

The ambience of this apartment and the facilities provided in the resort are top notch and would suit the most discerning buyer. This is a great opportunity to invest in a quality tropical resort in sought after Port Douglas and comes with fully furnished.

This beautifully renovated unit with kitchenette is very rare in this complex and comes fully furnished. This deluxe suite is located on the top floor, perched amongst the treetops with views of the tropical gardens below. Situated at the corner of the building, this larger studio apartment (38sqm) is quiet and private while being conveniently located to the pool, restaurant, lifts, reception and car park. The lift and the coin operated laundry facilities are just around the corner, so holiday makers love this location.

Ramada Resort offers a heated lagoon pool, restaurant & upgraded swim up bar, spa treatment facility, gym, and private walkway to the famous Four Mile Beach.

The apartment is currently listed via Airbnb "Stylish Studio @ Ramada Resort Port Douglas" is yielding a great return for the owners who diligently self-manage the property.
Alternatively, the on-site management, Wyndham group is very happy to take it on board for their holiday letting arrangement.

Though these are zoned 'holiday' the management does allow for long term guests. The potential weekly rental can attain @ $400 per week. (depending on supply and demand).

For more details or if you would like to inspect this property, please contact Ritsuko Dickinson on 0409 764 127 or [email protected]

FEATURE:
Net/net income 2022/2023 : $25,378.87 p.a
ROI: 11% on 2022/2023 income figures
B/C fee :$5,607.52 p.a. (1/1/24 ~31/12/24)
Utility Contributions : $1,326.84 p.a. (1/1/24 ~ 31/12/24)
Rates : $3,114.36 p.a.