1/6 Michelia StreetPalm Cove QLD 4879
Property Details for 1/6 Michelia St, Palm Cove
1/6 Michelia St, Palm Cove is a 3 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 409m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom DuplexSemi-detached sold in Palm Cove in the last 12 months.
Last Listing description (May 2024)
Discover the epitome of easy, low-maintenance living in this stunning 3-bedroom, 2-bathroom half duplex, where convenience meets comfort, peace and quiet. Say goodbye to body corporate fees and embrace a lock-and-go lifestyle, perfect for downsizers seeking a hassle-free home.
Key Features:
- Open-plan kitchen, dining, and living room for seamless entertaining
- Generously sized master bedroom with ensuite
- Split system air conditioning and security screens for added comfort
- Private covered patio and low-maintenance fenced backyard, ideal for a small pet
- Pergola with western mountain aspects for tranquil outdoor moments
- 2-car remote lock-up garage with direct internal access
- 5-kilowatt solar system to save on energy costs
- Space for a plunge pool
Location Highlights:
- Only 1.5 kilometers (22 minutes walk) to the beautiful Palm Cove beach
- Close proximity to the vibrant café and restaurant precinct
- Ideal for those who value an active lifestyle and coastal living
Financial Information:
- Current fixed lease until 6.12.2025 at $500 per week, increased to $525 per week 13.1.2025
- Current Rental appraisal of $700-$750 per week approximately
- No body corporate fees for worry-free ownership
- Council rates: $3,000 per annum approximately
Plan for the Future:
Secure your future in this fantastic property by moving in after the long-term lease expires on 6.12.2025.
Inspections by Private Appointment Only:
Book your exclusive viewing to experience the ease and functionality of this remarkable home. Contact us today to make this dream property yours!
*Photos have been virtually cleared and have virtual furniture.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Property History for 1/6 Michelia St, Palm Cove, QLD 4879
- 13 May 2024Sold for $580,000
- 30 Jan 2024Listed for Sale SOLD BY ZOE WICKS
- 14 Jan 2022Sold for $475,000
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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 2,779 properties. Over the last 5 years, Houses in Palm Cove have seen a 77.98% increase in median value, while Units have seen a 56.29% increase. As at 31 July 2024:
- The median value for Houses in Palm Cove is $1,011,695 while the median value for Units is $517,030.
- Houses have a median rent of $775 while Units have a median rent of $475.
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