This property enjoys fantastic returns that have grown steadily over the 4 years since opening the resort opened. The last 12 months have net $36,274 after all costs including body corporate fees and council rates. The management of this boutique resort are extremely proactive in marketing. Due to their excellent management skills, these units do not come on the market very often. Only one other unit has ever been sold, and that was to an existing owner.

This is a 2 bedroom, 2 bathroom dual key holiday unit located on the top floor. It offers luxury accommodation for couples who desire a relaxing and peaceful getaway. The Meridian is a four star resort and is located only moments from the main street, galleries, shops, and an array of world class restaurants. Likewise famous Four Mile Beach is extremely close and beckons you to take an early morning walk.

Indulge in the features that this resort offers, such as the heated pool, 8 person Jacuzzi, lift servicing all floors and basement, underground secure parking, full BBQ facilities, tour booking and superb central location.

The unit offers everything that you would expect from a luxury resort such as 5 individual balconies, full airconditioning, wireless internet, cable TV, internal laundry, full kitchen, spa type bath and quality furnishes and appliances.

This truly is a wonderful opportunity to purchase one of the best investment properties in Port Douglas. It shows increasing returns and is situated in the ideal location.

REDUCED FROM $739,950 TO FACILITATE A SALE!