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72/121-137 Port Douglas Road, Port Douglas, Qld 4877 For Sale

72/121-137 Port Douglas Road, Port Douglas, Qld 4877

$420,000

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Published on Monday, October 12, 2026 ( See property details for 72/121-137 Port Douglas Road, Port Douglas, Qld 4877)

$420,000

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

This fully furnished two-bedroom apartment in Port Douglas offers water views, resort-style amenities, and excellent investment potential with a strong rental yield.

🏡 Property Highlights

  • Prime location with direct access to resort pools and water views from the upper level balcony
  • Fully furnished two-bedroom, two-bathroom apartment with ongoing tenancy
  • Generous outdoor space with a newly rebuilt and painted front balcony
  • Practical parking with a carport, tandem driveway, and visitor space
  • Strong rental return of approximately 4.2% net yield
  • Close to Four Mile Beach and Macrossan Street for leisure and amenities

✨ Key Features

  • Outdoor Area
  • Balcony
  • Built-in Robes
  • Open-Plan Living
  • Fully fenced
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Pet-Friendly

Port Douglas is a vibrant coastal town renowned for its stunning beaches, world-class dining, and proximity to the Great Barrier Reef. The area offers a relaxed lifestyle with easy access to outdoor activities, luxury resorts, and a welcoming community. Its prime location makes it ideal for holidaymakers and investors alike, with a strong rental market and scenic surroundings.

Is this apartment suitable for permanent residence or only for holiday use?
Reef Resort's residential zoning allows the apartment to be used as a permanent home, holiday base, or investment property, with no restrictions on occupancy duration.
What are the current rental terms and income for this property?
The apartment is currently tenanted at $700 per week until 26 February 2027, providing an estimated net yield of around 4.2% based on the $420,000 asking price.
What amenities are available within the resort?
The property backs directly onto the main resort pools, and the upper level balcony offers water views towards the restaurant, providing a resort-style living experience.
Is parking available for residents and visitors?
Yes, there is one carport space on title, a tandem driveway for a second vehicle or trailer, and a visitor space directly opposite.
What recent upgrades or renovations have been made to the property?
The front balcony was completely rebuilt and repainted in August this year, enhancing outdoor living space.
Are there any additional strata or body corporate fees not included in the current management costs? Are there any planned or upcoming developments in the area that could affect the property’s value or enjoyment? Is there any history of flooding or bushfire risk in this location? Are there any restrictions or easements on the property that could impact future renovations or use? What are the total annual costs including rates, body corporate levies, and management fees? Has the property been inspected for any structural issues or repairs needed? Are there any noise or disturbance issues related to the resort or surrounding area? Is the property compliant with all local council regulations and building codes? Are there any restrictions on leasing or subletting the property? What is the process for transferring the tenancy if I decide to sell or occupy the property?

72/121-137 Port Douglas Road, Port Douglas, Qld 4877 - More Details

$420,000

Reef Resort's residential zoning means this two-bedroom, two-bathroom villa can be a permanent home, a holiday base or a considered investment, with no restriction on how long you occupy it. It backs directly onto the main resort pools, and from the upper level the rear bedroom and balcony look out across the water toward the restaurant.

The arrival is deliberate. The villa is elevated above the street and approached by a short flight of steps. The front balcony wraps around the side, giving far more usable outdoor space than the standard layout, and was completely rebuilt and repainted in August this year.

Inside, a full wall of glass beside the entry faces west and fills the living space with warm afternoon light, while the staircase wraps the reception on two sides. Large gloss tiles run through the living areas. A shower room upstairs services both bedrooms, and a second shower room off the ground floor laundry is ideal for coming straight in from the pool.

Parking is practical. There is one carport space on title. The driveway setback allows a second car to park in tandem, which is a handy option for a temporary second vehicle or for a car and trailer to pull in. A visitor space sits directly opposite.

The villa is fully furnished and currently tenanted at $700 per week through to 26 February 2027, returning an estimated net yield of around 4.2 per cent on the $420,000 asking price, after management, rates and body corporate levies.

Four Mile Beach is within walking distance, and Macrossan Street is minutes away.

Inspections are by private appointment only. To arrange a viewing, contact Matthew Essex on 0481 126 732.
Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1
House Size
117 m²

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