Port Douglas 404/56-64 Macrossan Street

Coconut Grove Penthouse - Premium Coastal Investment

Positioned at the very top of Coconut Grove in the absolute heart of Port Douglas, this expansive 289m² penthouse represents a rare opportunity to secure one of the town's most tightly held and consistently high-performing holiday investments.

Designed to deliver both luxury and durability, the residence features generous open-plan interiors, a superbly appointed kitchen and oversized bedrooms that exceed typical resort proportions. Floor-to-ceiling glass doors connect the living spaces to a large balcony with sweeping views across the Coral Sea and mountain ranges, enhancing its strong guest appeal and repeat booking potential.

Above, a private rooftop terrace sets this property apart from anything else in the market. Complete with its own plunge pool, spa, BBQ and expansive entertaining area, this exclusive outdoor space significantly elevates nightly rates and occupancy demand. Located just 100 metres from Four Mile Beach and right on Macrossan Street, guests enjoy immediate access to Port Douglas' restaurants, boutiques and cafés - a key driver of consistent year-round performance.

For investors seeking a blue-chip asset in a premier Far North Queensland destination, this penthouse delivers scale, scarcity and proven income strength in one compelling package.

Investment Highlights

289m² penthouse - significantly larger than standard resort apartmentsPrivate rooftop pool, spa and entertaining terrace - premium guest appealThree oversized bedrooms and multiple bathrooms - ideal for group bookingsAbsolute Macrossan Street position - walk to beach, dining and retailApprox. 100m to Four Mile BeachSecure undercover parking and lift access20m resort-style pool and landscaped tropical groundsStrong historical performance within one of Port Douglas' highest-returning luxury complexesHigh occupancy demand driven by location, views and exclusivitySharply priced for immediate sale
Contact Barbara Wolveridge 0418 760 004 or Amanda Haines 0417 248 854 to discuss this opportunity and to arrange a private inspection.