SOLD
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Sold on 09 Sep 2024 for $330,000

116/305-341 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
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Property Details for 116/305-341 Coral Coast Dr, Palm Cove

116/305-341 Coral Coast Dr, Palm Cove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Palm Cove in the last 12 months.

Building Type
Unit
Floor Size
78m2
Local Government
Cairns Regional
Lot/Plan
16/BUP70885

Last Listing description (September 2024)

This great apartment is located on the second floor of Tiger Cowrie Building, Coral Coast Resort with a fabulous aspect overlooking the pool and manicured gardens.

This apartment is your opportunity to enter the surging Palm Cove market and has everything you would want or need for tropical living, or as your next lucrative investment.

Just a stroll to the Williams Esplanade, where you can swim, dine in one of the award-winning restaurants, fish, have a coffee, a leisurely walk and so much more.

This 2-bedroom apartment boasts a full renovated kitchen, classic décor and with room for more improvements.

Features include:
- Modern equipped kitchen with dishwasher, plenty of bench and cupboard space
- Fully tiled throughout
- Large bedrooms with near new air conditioner and built in robes
- Bathroom with shower over bath and internal laundry
- 2nd floor with 2 lift access
- Plenty of parking
- Highly maintained resort grounds with 4 pools and easy access to a world class gym
- Moderate corporate fees $8,312.34 per year which includes sinking fund, administration fund and insurance levies
- Sinking fund balance $815,692.70 in Credit
- Administration fund balance $152,318.94 in Credit

Don't miss your opportunity to purchase in this great resort, please call Shira David Stern on 0428 807 757 to book an inspection.

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.

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Property History for 116/305-341 Coral Coast Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$330,000
09 Sep 2024
  • 03 Sep 2024
    Sold for $330,000
  • 27 Jun 2024
    Listed for Sale SOLD BY SHIRA DAVID STERN
  • 19 May 2021
    Sold for $195,000
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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 2,771 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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Shira David Stern
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Twomey Schriber Property Group
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