PRICE DROPPED BY $35K FOR IMMEDIATE SALE! 7.2% RETURN AFTER ALL EXPENSES!
Shantara is one of the more recently built resorts in Port Douglas, and is ideally located in the heart of town, within 400m of both the beach and Macrossan St. A contemporary, small, boutique Resort complex offering up-market self-contained accommodation, and top-notch management.
Immaculately presented, this 2 bed/2 bath Dual-key apartment enjoys one of the highest occupancies in town, by far! The dual-key configuration ensures the owners receive income from 2 apartments, a one bedroom and a studio, or they can be let as a 2 bedroom apartment. This offers you the highest potential for income.
This resort runs on a pooled income/expenses method, all owners receive the exact same income, as each are identical. With a Gross rental of $50K+, after ALL expenses (Incl Body Corps, Rates and Insurance) the net income to the owner for the past 12 months was $35K+ which at $495K represents a 7.2% net return!!
You will not find a better presented apartment in Port Douglas, nor will you find stronger returns. Priced to sell quickly so call Caroline Yarr to find out more 0409 365 261.
