Lifestyle/Investment Opportunity PORT DOUGLAS Tropical North Queensland BAY VILLAS, your own resort, or lifestyle investment in this internationally acclaimed tropical paradise. Less than an hour from Cairns International Airport and even closer to the Daintree Rainforest, Cape Tribulation and the beautiful Great Barrier Reef. Bay Villas 2 & 3 bedroom, Dual key Apartments, within easy walking distance of palm fringed Four Mile Beach and shopping. *FREE Airfare & accommodation *Reimbursement of airfare & accommodation to the value of $2000 on purchase, conditions apply. PHONE NOW 1800 020 177 for investment details and a FREE video of Port Douglas. Architecturally designed Dual key self-contained apartments, master-built to the highest quality. Featuring 2 & 3 spacious bedrooms with ensuite, dream kitchens and large open living areas, large balconies. Lockup garage, two resort style swimming pools, pool bar, breakfast restaurant, security and professional management make this a compelling lifestyle or investment proposition in this highly sought resort area. 40% Sold. Fully furnished from $235,000 Selling from the plan as per bank valuation. 5°/o Deposit secures your investment, subject to your inspection and satisfaction upon completion. To Approved Purchasers. Blue Water PROPERTIES PTY LTD Fax: 61 7 4055 4154 Homestead Close, Edmonton, Queensland 4869 Email: blue-water@cairns.net.au FREE CALL: 1800 020 177 What makes Port Douglas so different? The Dynamics of Supply and Demand • Port Douglas is on a peninsula, surrounded by water and National Parks on three sides and by cane fields, which can never be subdivided, on the other. • The Douglas Shire has restricted medium density development to just seven blocks between Port Street and Mowbray Streets. • Medium density zoning is limited to three storeys. • Almost all available, appropriately zoned land is currently being developed. • The price of residual land has escalated by about $10,000 per unit site in the past 8 months with consequential increases in unit prices. • Shortages of labour in the local building industry together with the increased costs of materials has added a further 8 - 10% to the price of new units. • Unit prices will further increase after 1 July due to the GST. On the demand side ........................ • Tourist numbers in Port Douglas are increasing by around 22% per annum. • Eco-tourism to the Daintree and the Barrier Reef is increasing exponentially. • The "prime" season is being expanded by overseas visitors in the "off' season. • The depressed value of the A$ makes Australia an economic holiday option. • Direct flights from Melbourne and Sydney significantly reduce travel times. • The Virgin Airlines operation based in Brisbane will reduce airfares to FNQ. • High profile international visitors continue to give Port Douglas great publicity. CONCLUSION There is every indication that tourist numbers will continue to increase. Land shortages combined with unavoidable increases in materials and labour will limit further development. Consequently, demand for tourist and residential rental accommodation will match and, in the near future, will outstrip supply. Increased Demand + Limited Supply = Increased Prices. NOTE: We are not aware of any other location in Australia which has similar unique attributes, and therefore the prospect of huge capital gains, as Port Douglas. Home Queensland Directory Port Douglas Page 2 |


GROUND FLOOR TYPE-A UNIT ( LEFT SIDE ) • 2 BEDROOM • DUAL KEY FLOOR AREA : 95 SQ. MTS. (1023 SQ. FT.) BALCONY AREA : 11 SQ. MTS. (118 SQ. FT.) GARAGE AREA : 18 SQ. MTS. (193 SQ. FT.) |
1ST & 2ND FLOOR TYPE-D UNIT ( LEFT SIDE ) MIRROR IMAGE ( RIGHT SIDE ) • 3 BEDROOM • DUAL KEY FLOOR AREA : 103 SQ. MTS. (1109 SQ. FT.) BALCONY AREA : 16 SQ. MTS. (172 SQ. FT.) GARAGE AREA : 18 SQ. MTS. (193 SQ. FT.) |
