OFF MARKET

1202/2-22 Veivers Road
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
Land area: 119m2
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Property Details for 1202/2-22 Veivers Rd, Palm Cove

1202/2-22 Veivers Rd, Palm Cove is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 119m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2006
Floor Size
67m2
Land Size
119m2
Local Government
Cairns Regional
Lot/Plan
1202/SP196229

Last Listing description (June 2023)

This rarely offered three bedroom apartment in the Drift Complex Palm Cove is certainly worth a look at for investors and owner occupiers alike. Set on the southern side of the complex the apartment enjoys a leafy southerly aspect from both the balconies. Inside you will find a modern kitchen, open plan dining and living areas, 2 very generous bedrooms both of which have an ensuite and built-in robes. Towards the front there is another en-closable bedroom that enjoys ample light. The property is sold fully furnished and is currently holiday let via the onsite management team.

The Drift Complex itself offers a lot with a large lagoon pool, spa, gym, conference rooms all right in the heart of Palm Cove with cafes, restaurants and bars all literally at your doorstep.

- Open plan living and dining area opens out to private balcony

- Fully furnished and ready to holiday let
- Complex features tropical gardens, gorgeous lagoon pool, gym, elevators and spa
- Drift is available for holiday letting w/ letting team onsite, also suitable for owners occupiers (currently holiday let via Onsite)
- Magnificent location with the vibrancy of the Esplanade directly at your doorstep

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Property History for 1202/2-22 Veivers Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$450,000
30 Mar 2023
  • 30 Mar 2023
    Sold for $450,000
  • 20 Dec 2022
    Listed for Sale Under Contract
  • 05 May 2006
    Sold for $590,000

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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 62.74% increase in median value, while Units have seen a 53.29% increase. As at 30 September 2024:

  • The median value for Houses in Palm Cove is $1,002,548 while the median value for Units is $536,421.
  • Houses have a median rent of $760 while Units have a median rent of $475.
There are currently 56 properties listed for sale, and 15 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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