Only 150 meters from the main street and 300 meters to the beach, with the most desirable of council zoning codes and a 1,012-SQM (flat) land to work with, 12 Davidson Street poses an opportunity unlike anything before it!
Currently, this single-level house boasts 300 SQM under roof, comprising 6 bedrooms, 2 large reception rooms, 1 kitchen, 1 bathroom, and a covered terrace to the rear.
Opportunities:
RENOVATE - Create an impressively large home just a stone's throw from the main street, in Port Douglas' "Golden Triangle".
REPURPOSE - Two separate roof pitches, joined at the middle by a hallway and galley kitchen, provide scope to create two well-proportioned 3-bed units (STCA, separate titles could be created). Resale values for individual units, within close proximity to the main street, are up to $3.4M, or forecasted rental income (per unit) could be anywhere up to $32,760 NET (long-term let), or $120,000 NET (holiday-let).
REDEVELOP - Tourist Accommodation Zoning (STCA) allows anything up to three floors and 50% of the land area to be developed. Developers could consider anything from a Duplex to an "Octuplex", with resale values already investigated and available to share.
DEMOLISH & REBUILD - Create something truly spectacular!
Whether you're seeking a doer-upper, a vacant lot on which to build your perfect home, or a serious development opportunity, 12 Davidson Street commands a position and location unlike anything else - Contact Matthew Essex on 0481 126 732 or email matthew@propertyshopportdouglas.com for more information.
