14/34-36 St Crispins Avenue, Port Douglas, Qld 4877

$489,000

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Saturday, August 08, 2026 ( See property details for 14/34-36 St Crispins Avenue, Port Douglas, Qld 4877)

$489,000

Matthew Essex Sales | Licensed Real Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, spacious two-bedroom apartment in the exclusive 'Crescent' complex, offering excellent investment potential and relaxed coastal living in Port Douglas.

🏡 Property Highlights

  • Prime location within the sought-after 'Crescent' complex in Port Douglas
  • Well-maintained boutique complex with low body corporate costs
  • Large 15-metre lap pool with seated spa Jacuzzi
  • Strong rental income with a lease until September 2026 and appraised at $600/week
  • Excellent capital growth, with nearly 80% increase since 2021
  • Spacious 101 sqm open-plan living with elevated westerly outlook

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Open-Plan Living
  • Balcony
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Garage / Secure Parking

Port Douglas is a vibrant coastal town renowned for its stunning beaches, world-class dining, and proximity to the Great Barrier Reef. The suburb offers a relaxed lifestyle with excellent amenities, strong community spirit, and significant capital growth potential. Its well-established infrastructure and natural beauty make it a highly desirable location for both investors and owner-occupiers. The local market has demonstrated resilience and consistent growth, supported by high demand for holiday and permanent residences. Port Douglas’s unique blend of tropical lifestyle and investment opportunity makes it an ideal place to live or invest.

What are the main lifestyle benefits of living in this apartment?
This apartment offers a relaxed coastal lifestyle with access to a large lap pool, outdoor balcony with sunset views, and proximity to Port Douglas's beaches, dining, and natural attractions.
Is the apartment suitable for both investors and owner-occupiers?
Yes, the property is ideal for investors seeking strong rental returns and capital growth, as well as owner-occupiers looking for a comfortable, low-maintenance residence in a desirable location.
What is the condition and finish of the apartment?
The apartment features high-quality, timeless finishes, is well-maintained, and has no renovation requirements, ready for a new owner to personalise.
What amenities are available within the complex?
The complex includes underground secure parking, a BBQ pavilion, and a large 15-metre lap pool with a seated spa Jacuzzi.
What is the current rental income and lease term?
The property is currently tenanted with a lease until 30 September 2026, appraised at $600 per week, providing a net return of approximately 3.60%.
Are there any upcoming body corporate fee increases or special levies planned? Are there any restrictions or covenants affecting the use or renovation of the property? Has the property been affected by any flooding, bushfire, or environmental risks? Are there any planned developments or construction nearby that could impact the view or noise levels? Is the property compliant with all local zoning and building regulations, including approvals for any recent modifications?

14/34-36 St Crispins Avenue, Port Douglas, Qld 4877 - More Details

$489,000

The highly sought after complex 'Crescent', 1 Osprey Close, boasts a premium quality build, low body corporate costs, and well maintained facilities; including underground parking, a BBQ pavilion, and a large 15 metre pool suitable for swimming laps, featuring seated spa Jacuzzi at one end. Residentially zoned, meaning that owners can reside, manage or let the property as they see fit.

Built in 2007, this is one of only 18 apartments in a boutique complex designed with convenience in mind, fitted in a high quality and timeless fashion, and kept well maintained ever since by Property Shop's Property Management team. Every apartment here is a carbon copy of the next, identical in size, layout and finish, varying only by mirror image floor plans.

Comprising 101 sqm of well proportioned living. Two spacious bedrooms with built in robes, an en suite shower room to the master, a second shared bathroom, and a laundry. The open plan kitchen, lounge and dining area opens out to a spacious balcony, enjoying a first floor breeze and an elevated westerly outlook over the pool area, perfectly placed to catch the warm hues of the sunset over the mountain ranges beyond. Sold unfurnished, ready for a new owner to put their own stamp on it.

A net return of 3.60 per cent, calculated honestly after body corporate levies, council rates and water, and management fees. Currently tenanted with a lease running to 30 September 2026 and appraised at $600 per week, making this an equally strong proposition for the investor or for the owner occupier looking to buy now and move in later.

Supporting a typical Port Douglas yield, Crescent has outperformed the broader Port Douglas unit market on capital growth. These apartments were changing hands in the mid $260,000s in 2021, and a sale within the complex earlier this year, not unlike the subject property, achieved $480,000. Close to 80 per cent growth, roughly double the suburb over the same stretch.

Being carbon copies, there is no renovation, no rare aspect and no premium floor plan doing the work in that figure. Nothing changed but the market itself. About as clean a measure of growth as this town offers.

Eighteen apartments, tightly held.

Limited inspection times, sympathetic to the needs of the tenants, and every expectation that this property will go quick!
Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1
House Size
101 m²

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