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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

15/34 Macrossan Street, Port Douglas QLD 4877

$415,000

Unit 1 Bed 1 Bath 1 Car 59 m²
Listed: 9 hours ago
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Overview

Situated in the vibrant heart of Port Douglas, this turnkey one-bedroom unit presents a compelling opportunity for investors seeking a high-performing, holiday-rental-ready asset. Marketed as ‘OASIS LUXE’ on popular short-term rental platforms, the apartment benefits from a flawless five-star rating and a proven record of lucrative owner-managed lettings.

The property stands out for its independence from typical holiday pooling restrictions, granting owners the flexibility to manage rentals personally or engage local boutique management. This autonomy is complemented by a comprehensive refurbishment including a $16,343 bathroom renovation in 2025, delivering a refined, modern aesthetic alongside excellent tax depreciation advantages.

Encompassing 59sqm, the generous corner layout maximizes natural light and cross-ventilation, enhancing comfort and liveability. Situated within an adults-only complex, the unit enjoys protection from high family wear and tear, reinforcing capital preservation.

  • Located just a four-minute walk from the iconic Four Mile Beach, perfect for guests seeking easy coastal access.
  • Offered fully furnished with premium kitchenware, linens, and soft furnishings, enabling immediate holiday letting without further investment.
  • Access to resort-style amenities, including a heated lagoon pool, BBQ pavilion, and secure undercover parking, enriches the lifestyle appeal to holidaymakers.

Financially, the property demonstrates strong fundamentals with an 11.1% gross yield based on the asking price of $415,000, supported by efficient operating costs and fully settled sinking fund adjustments. This combination makes the dwelling attractive for investors seeking solid returns, or buyers desiring a self-funding tropical holiday home.

Its central location places guests minutes from Port Douglas’s acclaimed dining, retail, and tour departure points for renowned natural attractions such as the Great Barrier Reef and Daintree Rainforest, further boosting its holiday rental desirability.

Local Market Insights

In Port Douglas, Quiet Listings observed 4 new units entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $351,875. The property type mix of listed properties is predominantly Apartments at 39%, followed by houses (31%), and units (11%). The most active agency for units in the Port Douglas area is currently Property Shop Port Douglas, representing 50% of new listings, followed by AgencyHQ with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Port Douglas QLD 4877
New Listings (last 30 days)
4
Average price
$351,875
Lowest price
$252,500
Highest price
$415,000
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