50/62-64 Davidson Street PORT DOUGLAS QLD 4877
PRICE REDUCED $125,000 Furnished

DESCRIPTION

PRICE REDUCED DRASTICALLY TO SELL! You won't find another 2 bed 1 bath apartment within such close walking distance from town under $130,000.

This price has been reduced due to uncertainty on extra costs for roofing work to be carried out.

The vendor has also offered to help with this:

"To alleviate the risk around the roof, the purchaser pays me my current ask price of $125K and then we work on the basis that if the roof was fixed the unit would cost $155K - an increase of $30K which I think the roof will cost, say over 5 or 6 years via the Body Corporate fees. If the roof costs more than the $30K per unit we split the difference of if it is less we split the difference. As an example lets say the roof cost an extra $40K on top of the $125K. The additional $10K would be split between me and the purchaser and I would pay the purchaser $5K. If say the roof cost per unit say $20K then again we split the cost and the purchaser would pay me $5K"

This offer should make any uncertainty a surety and a maximum price for this unit of $155k - still an absolute steal!

This apartment has prime position with amazing northern views over Garrick St from where you can see the tree-lined foreshore and hear the ocean from your balcony.

If you are looking for a cost effective holiday apartment to enjoy for you, your family and friends then this may be a great option to escape from the winters. If you holiday let the property when you are not here then then the income should cover your expenses.

The Reef Club resort is just 100m to Four Mile Beach and an 8 minute walk to the restaurants, bars and boutiques in Macrossan Street. A bus will also pick you up and drop you down from the main reception. The location is good, the price is even better. Air conditioned throughout and sold fully furnished this unit has everything going for it.

The property features:
- 2 Bedrooms w/ large master suite that opens to the Garrick St balcony
- Reasonable Body Corporate Fees
- Kitchen
- 2-way bathroom that adjoins living area and master bedroom
- Well presented throughout
- Great value

This property represents a rare opportunity to pick up a total bargain. With long term rentals earning $430/wk and holiday rentals showing good returns in this popular resort.

For more information or to arrange an inspection please contact Rosie Wang on Reveal Phone.