The Property

This impressive complex of 14 townhouses, with 11 in the letting pool, has recently received a well deserved 4½ star rating following an extensive refurbishment program.

Situated on a large flat easily maintained site, the two level townhouses surround and overlook a large resort style pool with adjoining barbecue and dining annex tastefully landscaped with tropical palms and plantings.

Every townhouse has three bedrooms with the majority having two bathrooms, modern fully equipped kitchens while the master bedroom has its own private balcony and as they can easily accommodate 6 persons they are ideal for families or two couples to comfortably share.

There can be many advantages in buying into a well managed complex and this is a good example as the present managers have had a policy of going the extra mile with their guests and with their owners. This approach has resulted in a sharp increase in repeat guests keen to return to a happy well run complex and created considerable satisfaction amongst the owners of the townhouses in the complex through the significant increase in cash flow from increased occupancy levels.

Without doubt the manager’s three bedroom townhouse which is superbly presented, takes some beating for it spaciousness and as an added bonus, the complex operates without the need for wholesalers and management is allowed a 10% service fee for confirmed internet bookings.

Location

Located adjacent to and well set back from the main thoroughfare into ‘Port’ the complex enjoys good exposure without interference from traffic noise and is a three minute stroll to the famous Four Mile Beach while the village centre with it’s boutique fashion shops, supermarket, restaurants, pubs and bars is 500 metres away.

Features

• Manager’s 3 bedroom 2 level townhouse.
• Simply ideal for managers with children
• 4½ star rating
• An excellent easy to manage lifestyle property.

The Facts

Location:	Port Douglas	Reference Number:	1145
Building Type:	2 level townhouses	Agreement:	15 years
Built:	1989	Commenced:	2000
Total Apartments:	14	Salary:	$22,758
Letting Pool:	10	Manager’s Unit:	$390,000
Manager’s Unit:	3 bed, 2 bath	Net Profit:	$155,000
Office:	On title	Total Price:	$975,000

Contact Us About This Property

If you would like to discuss this property with us, or if you require more information, please contact us online, or by ringing Bruce Bennetts on 0418 773 547 or 07 4033 7885.