Skip to main content
7 Barrier Street
Port Douglas QLD 4877
SearchBack to results
Sold on 8 Aug 2018

7 Barrier Street Port Douglas QLD 4877

  • Hotel, Motel, Pub & Leisure
  • 756 m²
  • Sold, $2,110,000

Beachside Unit Complex - Port Douglas

Colliers International is pleased to present to market this rare and limited opportunity to secure a well-located refurbished and fully tenanted apartment complex, in Port Douglas.

Positioned on Barrier Street in the locale known as ‘Four Mile’; the complex is located less than 300 metres east of Four Mile Beach Park providing direct access onto Four Mile Beach, and approximately 200 metres west of the intersection of Port Douglas Road, the main thoroughfare into the commercial precinct of Port Douglas.

“Port Douglas Boulevard” comprises 12 individually titled residential units, each benefiting from either private courtyards or exclusive use areas and allocated undercover car parking, allocated mail boxes and communal landscaped gardens and a central swimming pool.

All units have recently been renovated to a high standard – each being identical in internal layout and; providing two spacious bedrooms with built-in robes, central bathroom and an open plan kitchen/living/dining room with access out onto a private patio (some benefiting from fenced courtyards). They are all fully air-conditioned, have screens and blinds on all windows and feature new kitchens with granite bench tops.

The complex is currently fully tenanted on fixed lease terms ranging in time from 6–12 months, with all twelve units leased fully furnished.

The value of the leases are $340.00 per week, with all lease values being steadily increased as they come available in 2018.

Key Features:

• Less than 300m to Four Mile Beach
• Recently Refurbished
• Fully tenanted residential complex
• Substantial 3000sqm* freehold

Full ownership of the building offers the opportunity to consolidate and amend the existing body corporate structure to better manage costs or alternatively, the chance to further improve and sell individual tenancies for future upside. Alternatively, for those who seek a more hands on involvement leveraging off the substantial increase in tourism across Far North Queensland, reposition the property with short term accommodation platforms such as Airbnb or onsite management.

Interested parties are invited to contact marketing agent Jay Beattie of Colliers International on 0428 551 062 for a detailed information memorandum on the property.

*approx

Colliers International - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors – office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers International is Australia’s own global real estate success story.

Property Highlights

Date Sold8 Aug 2018
Sold Price$2,110,000
Floor Area756 m²
Land Area3,017 m²
Parking15 x Onsite parkings
Property ID2013550996
Category
Last updated  24 Oct 2018
Map for 7 Barrier Street Port Douglas QLD 4877

Property Highlights

Date Sold8 Aug 2018
Sold Price$2,110,000
Floor Area756 m²
Land Area3,017 m²
Parking15 x Onsite parkings
Property ID2013550996
Category
Last updated  24 Oct 2018

Listed by

Colliers International Cairns
Call
07 4031 3443

More Hotel, Motel, Pub & Leisure for Sale in Port Douglas QLD

Sold
port douglas, QLD 4877
Hotel, Motel, Pub & Leisure
Sold
port douglas, QLD 4877
Hotel, Motel, Pub & Leisure
Sold$625,000
1/19-23 esplanade,port douglas, QLD 4877
34 m²
Hotel, Motel, Pub & Leisure