12 Cooya Beach Road
Cooya Beach, QLD 4873

Overview

High-Yield Duplex with Massive Future Upside

This property presents a prime investment opportunity, being offered for the first time in 37 years. It is a meticulously maintained, solid, low-set duplex that stands as a valuable addition to any investment portfolio. Located on a high point of Cooya Beach Road, the property sits on a generous 801 square meter allotment, just 500 meters from the beach, making it ideally positioned to benefit from the acute rental shortage in Cooya Beach.

The duplex offers instant dual income potential, with two rental incomes under one roof. The rental supply in Cooya Beach is historically low, ensuring high occupancy and consistent cash flow. Each unit is currently tenanted at $400 per week, with leases secured until April 2027.

There is significant potential to unlock further equity through subdivision, subject to council approval (STCA). This could allow the creation of two separate titles, providing flexibility to hold two independent assets or sell one individually in the future.

The property is already in excellent condition but offers scope to increase rental yield further. The deep-block access accommodates vehicles, trailers, or boats, providing an ideal canvas to add high-demand features such as a pool or sheds, enhancing the return on investment.

Strategically located between the lifestyle hub of Port Douglas, approximately 15 minutes away, and the essential services of Mossman township, just 5 minutes away, this property offers the convenience that tenants seek.

Key highlights include solid custom-built construction with all internal block walls, demonstrating excellent structural integrity and historical care. The bedrooms are well-sized and carpeted, featuring built-in robes. Bathrooms have updated vanities and premium fixtures. The open-plan living and dining areas are complemented by air conditioning, with a separate laundry room and garage adding to the functionality.

This duplex is ideal for a high-yield dual investment, mixed-use arrangements such as living in one unit and renting the other, or multi-generational living. Properties with this level of care and development potential are rare in the current market.

In the current Cooya Beach market, where rental supply is effectively non-existent and vacancy rates are at historic lows, this asset represents a 'set-and-forget' investment with strong long-term prospects.

Disclaimer: All information about the property has been provided by third parties and has not been independently verified. Prospective buyers should conduct their own enquiries to confirm the accuracy and completeness of the information.

Location