3/35-37 Coral Drive Port Douglas QLD 4877

Beachfront complex | Fully furnished holiday let | Short walk to beach | Recent complex sales activity The primary risk is reliance on the volatile holiday rental market for income, which can lead to vacancy and management costs eroding returns. The opportunity lies in acquiring a turnkey property in a proven tourist location with immediate rental capability. This unit is best held as a furnished investment targeting the short-term rental market, not as a primary residence. Its commercial logic depends entirely on capturing premium holiday rates to justify the outlay. This property’s competitive strength is its position within a beachfront complex, offering a rare combination of detached villa privacy and resort-style access. The fully furnished state signals immediate income potential, serving investors seeking a hassle-free entry into Port Douglas’s tourism sector. It suits a buyer prioritizing lifestyle asset utility and rental yield over capital growth speculation in a smaller, two-bedroom format. Your next step is to validate the complex’s strata costs, rental appraisals, and view the property to assess its orientation and condition against the asking price. A recent sale in the same complex provides a relevant benchmark: Unit 1 (a 3-bedroom) sold for $625,000 in July 2025. This suggests strong demand for the location, though the subject 2-bedroom unit would typically command a proportionally lower price, establishing a credible value corridor for negotiation.