Investors and developers take note. Be quick to register your interest for this unique opportunity to purchase and ultimately profit from an entire residential complex located only 1 kilometre from the centre of the Port Douglas townsite.
Offered for sale as a single entity, the complex comprises six individually strata titled townhouses (five of which are currently tenanted) and a large pool/entertaining area, all on more than 2000m2 (1/2 acre) of what is unarguably prime Port Douglas real estate.
Known locally as ‘Palmer Gold’ the site’s Tourist and Residential zoning ensures numerous development options could be considered including:
Individual resale of the six townhouses
Renovation of the townhouses/overall site to increase rental return
Redevelopment of the entire site
With an autonomous body corporate structure in place reflecting the current ownership structure, and positive vendor motivation to sell, this is one prospect that could be worth its weight in gold.