Port Douglas | C318/316 Port Douglas Road
LITTLE POCKET ROCKET 6% NET RETURN – INVEST OR RESIDE
Studio apartments in Ramada tend to be pocket rockets. Not much outlay, but solid returns on investment. With a body corporate under $6000 and minimal linen and cleaning overheads and power for A/C included in the BC, they are little money churners. Despite being ‘holiday’* zoned if you wished to rent out long term or reside this is also possible – so this unit also offers great flexibility.
C318 is a well presented, neat unit located on the top floor of the Ramada Resort (with lift access). With tropical ambiance, this unit is overlooking beautiful landscaped gardens and board-walk. All the interior aspects are quality with contemporary color scheme and decor. Recently refurbished with quality kitchenette cabinetry, Crimsafe fly screens, own NBN inlet for quality internet access and double sinks in the bathroom.
You can enjoy the facilities within the resort, the large pool, a therapeutic spa treatment. There is the Bistro restaurant you can dine at (reasonably priced and delicious) and a bar with pool swim up. Or just venture along the short 200 meters stroll to fabulous Four Mile Beach.
Within walking distance away is a bottle shop, takeaway food, Barrier Reef Tavern, Kai Restaurant and Beach Shack bar and restaurant.
* As a holiday zoned apartment it is viewed by financial institutions as an investment property so they will loan, typically, only up to 50% of the value.
Whether you are looking for your first investment opportunity or make this your own weekend away from home residence, the opportunities are endless.
For more information or an inspection please call Rosie Wang on 0425 345 771 or email on rosie@propertyshopportdouglas.com