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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 2,771 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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Claudio Di Bartolomeo
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Ray White Cairns
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