SOLD
RECENT ADVICE
Sold on 16 Apr 2024 for $381,000.5

201/57-65 Paradise Palms Drive
Kewarra Beach QLD 4879

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 201/57-65 Paradise Palms Dr, Kewarra Beach

201/57-65 Paradise Palms Dr, Kewarra Beach is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Apartment sold in Kewarra Beach in the last 12 months.

Building Type
Apartment
Local Government
Cairns Regional
Lot/Plan
201/SP219936

Last Listing description (April 2024)

This a wonderful investment opportunity not to be missed. This low-maintenance dual-key apartment within the luxurious Paradise Palms Resort is available with long-term tenants already in place. Apartment 201 is fully furnished and is a spacious and well-maintained property that features a host of modern finishes and fixtures throughout, as well as air-conditioning and ceiling fans. The apartment is complete with a modern kitchen with stone benchtops and a gas cooktop, leading on to an open plan living and dining room, then stepping outside to the private all-weather balcony. The two bedrooms are both a great size and feature built-in robes, both with ensuites. You have access to the amenities including the pool and BBQ area, as well as a single-car spot with storage within the secure underground parking. Set within a sought-after suburb, the resort is just 20 minutes north of the Cairns CBD and international airport and is within walking distance of the beach. Shopping centres, schools and amenities are also close by, adding further appeal.

The Facts:

• Built 2008

• 137m2
• Council Rate - Approx $2,900pa
• Body Corporate – Approx $8,800pa
• Current Rent Return $420pw – will increase to $475pw mid-June 2024, lease in place till June 2025
• Good positive return for prospective investors

This apartment boasts ample appeal to investors and homeowners alike, apartments like these do not stay on the market for long.

Property History for 201/57-65 Paradise Palms Dr, Kewarra Beach, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$381,000.5
16 Apr 2024
  • 22 Mar 2024
    Sold for $381,000
  • 27 Feb 2024
    Listed for Sale Under Contract
  • 09 Mar 2013
    Sold for $495,000

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About Kewarra Beach 4879

The size of Kewarra Beach is approximately 5.5 square kilometres. It has 21 parks covering nearly 25.3% of total area. The population of Kewarra Beach in 2011 was 5,299 people. By 2016 the population was 5,649 showing a population growth of 6.6% in the area during that time. The predominant age group in Kewarra Beach is 40-49 years. Households in Kewarra Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kewarra Beach work in a professional occupation. In 2011, 66% of the homes in Kewarra Beach were owner-occupied compared with 68.2% in 2016.

Kewarra Beach has 3,029 properties.

    There are currently 44 properties listed for sale, and 8 properties listed for rent in Kewarra beach on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Kewarra beach.

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    Scott Muir
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    James Gilbertson
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    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.