FOR SALE
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29 Foley Road
Palm Cove QLD 4879

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Land area: 7ha
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Do not miss out this unique chance to secure a piece of paradise

You are welcome to inspect this unique vacant land located in the spectacular Palm Cove.
Set amidst a pristine rainforest, this expansive 7.34-hectare vacant block offers a rare blend of seclusion and breathtaking ocean views extending to Double Island and beyond. Elevated for maximum privacy and natural breezes, the property boasts an approximately 600m² cleared building pad, ready for construction. Building plans for an architecturally designed residence are available on request, presenting an exceptional opportunity to create a bespoke luxury home in a newly developed and untraded location. Ideally positioned near Palm Cove's beach, vibrant cafés, and renowned restaurants, it's just 30 minutes from Cairns CBD and 30 minutes from Port Douglas.
• Expansive 7.34 ha block panoramic ocean views
• Concrete driveway in place, connecting the entrance to the building pad
• Cleared 600m² building pad (approximately) , perfectly positioned for construction
• Elevated for optimal views and cooling ocean breezes
• Architecturally designed home plans available on request
• Nestled in a lush rainforest setting for unparalleled privacy
• Newly developed site, never previously sold or traded
• No body corporate fees, offering freedom and flexibility
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Property Details for 29 Foley Rd, Palm Cove

Building Type
Land
Land Size
7ha

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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 2,787 properties. Over the last 5 years, Houses in Palm Cove have seen a 60.59% increase in median value, while Units have seen a 51.70% increase. As at 30 November 2024:

  • The median value for Houses in Palm Cove is $1,012,338 while the median value for Units is $530,754.
  • Houses have a median rent of $750 while Units have a median rent of $490.
There are currently 48 properties listed for sale, and 7 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Palm cove.

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Claudio Di Bartolomeo
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Ray White Cairns
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