12/9-11 Amphora St, Palm Cove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1977. The property has a land size of 152m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Palm Cove in the last 12 months.
The owners have loved living here as the property encompasses the whole top floor. They have upgraded and renovated the property over the years, with a new bathroom, upgraded kitchen, renovated balconies and they have even added 10.5kW of Solar Panels. They changed the layout to increase revenue, whilst living on site. This property has great potential for a holiday let investment.
Palm Cove is known for its relaxing lifestyle on offer and has recently been crowned the No.1 Beach in the World by Conde Nast Traveler Magazine, this property is within walking distance to everything, located perfectly only 50 metres away from the beach, 200 metres to shops, cafes, restaurants and more.
STAND OUT FEATURES
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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 2,786 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:
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