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202/305-341 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 84m2
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Fully Furnished, Ground Floor Apartment - Ideal for Investment or Relaxed Coastal Living

Situated on the ground floor of the well-maintained 'Coral Coast Resort,' The Ray Murphy Team is delighted to present this fully furnished, two-bedroom, one-bathroom apartment. Just a short stroll from the iconic Palm Cove Esplanade, this property is a fantastic opportunity for investors or downsizers seeking an idyllic coastal lifestyle.
With no letting restrictions, the property offers flexibility to be owner-occupied or serve as a lucrative investment, with excellent potential returns through holiday letting, Airbnb, or permanent rental.
PROPERTY HIGHLIGHTS:
- Fully furnished apartment
- Two spacious bedrooms with built-in robes, including a generously sized master
- Well-appointed bathroom with a shower over bath
- Modern U-shaped kitchen featuring ample bench and cupboard space
- Open plan living and dining area that seamlessly connects to an undercover patio
- Convenient access to the resort's sparkling in-ground swimming pool
- Equipped with ceiling fans, split-system air conditioning, and security screens
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Property Details for 202/305-341 Coral Coast Dr, Palm Cove

202/305-341 Coral Coast Dr, Palm Cove is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 84m2. The place is currently for sale with Ray White Cairns.

Building Type
Apartment
Land Size
84m2

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About Palm Cove 4879

The size of Palm Cove is approximately 3.6 square kilometres. It has 11 parks covering nearly 24.5% of total area. The population of Palm Cove in 2011 was 1,656 people. By 2016 the population was 2,082 showing a population growth of 25.7% in the area during that time. The predominant age group in Palm Cove is 60-69 years. Households in Palm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Cove work in a professional occupation. In 2011, 49.6% of the homes in Palm Cove were owner-occupied compared with 57.1% in 2016.

Palm Cove has 2,771 properties. Over the last 5 years, Houses in Palm Cove have seen a 61.74% increase in median value, while Units have seen a 63.83% increase. As at 31 October 2024:

  • The median value for Houses in Palm Cove is $998,737 while the median value for Units is $559,734.
  • Houses have a median rent of $750 while Units have a median rent of $485.
There are currently 56 properties listed for sale, and 10 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Palm cove.

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Ray Murphy
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Ben Keene
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Ray White Cairns
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