FOR SALE
$320,000

4202/2-22 Veivers Road
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
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Modern two bedroom apartment only moments from the Beach!

Nestled within the serene beauty of Palm Cove, 'The Ray Murphy Team' proudly presents a two-bedroom, two-bathroom apartment within the prestigious, resort-style complex of 'Drift Palm Cove.'
This privately managed holiday let apartment offers a lucrative investment opportunity, consistently delivering excellent financial returns. Its exceptional quality and amenities have attracted glowing reviews and top ratings on various external platforms, reflecting a high level of guest satisfaction. The property's prime location in the heart of the vibrant restaurant and café precinct, combined with meticulous management, ensures a steady stream of bookings from discerning travellers, making it a standout choice in the competitive holiday rental market.
PROPERTY PROFILE:
• Fully self-contained with contemporary furnishings
• Two bedrooms, main with built-in robe
• Two bathrooms, one featuring an ensuite complete with a shower over bath
• Open-plan living and dining
• Modern kitchenette with cooking facilities
• Fully air-conditioned throughout
• Large balcony with access from both the living room and bedroom
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Property Details for 4202/2-22 Veivers Rd, Palm Cove

4202/2-22 Veivers Rd, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 83m2. The place is currently for sale with Ray White Cairns.

Building Type
Unit
Floor Size
83m2

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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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Ray Murphy
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Ben Keene
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Ray White Cairns
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