OFF MARKET

8/22-24 Palm Street
Holloways Beach QLD 4878

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 89m2
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Last updated 11 Nov 2024
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Property Details for 8/22-24 Palm St, Holloways Beach

8/22-24 Palm St, Holloways Beach is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 89m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Land Size
89m2
Local Government
Cairns Regional
Lot/Plan
8/SP181091

Last Listing description (May 2024)

RE/MAX Real Estate Services is proud to present to the market this well-maintained two-bedroom, one bathroom townhouse located within walking distance to local shops, waterfront and only a short 15-minute drive to Cairns CBD. This property offers an excellent opportunity to secure an affordable entry level property or will be a welcomed asset to any astute investment portfolio.

PROPERTY FEATURES:
- Two spacious bedrooms with built in robes

- Open plan layout to the lounge/dining room
- Internal laundry
- Centre bathroom servicing both bedrooms
- Ceiling fans
- Large private courtyard with easy and direct access to unit
- 89m2
- Common property under cover car parking on site

THE BOTTOM LINE:
- Currently achieving $350p/w
- Appraised to achieve at least $400p/w - $450p/w (approx.)
- Low Body Corporate Levies

Offering location supremacy, this property is within walking distance to local shopping, cafe, bars, restaurants, laundromat and a mere 650m to Holloways Beach waterfront which offers a vibrant local waterfront bar & restaurant in 'Straits On The Sand'.

Indicative of an exciting prospect, contact Natasha Whalley-Thompson to register your interest today!

DISCLAIMER:
In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 8/22-24 Palm St, Holloways Beach, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$265,000
20 Jun 2023
Listed for Rent
$280/w
30 Jun 2022
  • 16 Aug 2023
    Listed for Sale SOLD!
  • 20 Jun 2023
    Sold for $265,000
  • 22 Jun 2022
    Listed for Rent $280 / week
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About Holloways Beach 4878

The size of Holloways Beach is approximately 5.6 square kilometres. It has 11 parks covering nearly 6.4% of total area. The population of Holloways Beach in 2011 was 2,283 people. By 2016 the population was 2,365 showing a population growth of 3.6% in the area during that time. The predominant age group in Holloways Beach is 50-59 years. Households in Holloways Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Holloways Beach work in a professional occupation. In 2011, 57.3% of the homes in Holloways Beach were owner-occupied compared with 57.2% in 2016.

Holloways Beach has 1,437 properties. Over the last 5 years, Houses in Holloways Beach have seen a 47.26% increase in median value, while Units have seen a 80.07% increase. As at 31 October 2024:

  • The median value for Houses in Holloways Beach is $585,892 while the median value for Units is $359,146.
  • Houses have a median rent of $500 while Units have a median rent of $443.
There are currently 21 properties listed for sale, and 8 properties listed for rent in Holloways beach on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Holloways beach.

Suburb Insights for Holloways Beach 4878

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.