1401/2-22 Veivers RoadPalm Cove QLD 4879
Property Details for 1401/2-22 Veivers Rd, Palm Cove
1401/2-22 Veivers Rd, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 82m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (October 2020)
Building 1 - Tick
Top Floor Privacy - Tick
Ocean & Pool Views - Tick
Imagine Drift is a very well known resort on the palm lined beachfront of Palm Cove and this lovely, light filled apartment offers an open-plan living/dining/kitchen area with your own private balcony overlooking the turquoise pool & out to the ocean.
The apartments are commonly referred to as a TWO BEDROOM FAMILY. The master bedroom has an en-suite with bath/shower and there is also a daybed area with a second queen bed, which can be screened off at night for privacy, two bathrooms and a laundry area. It comfortably sleeps 4 adults for holiday stays.
Imagine Drift is one of the few resorts in Palm Cove where you can choose to live-in full time, residential let or holiday let - it's up to you. This apartment comes fully furnished and ready to earn an income and block out your holiday dates in paradise.
Imagine Drift offers:
- Lift access to all rooms and floors
- 1/4 acre swimming pool
- Outdoor spa
- Gym
- Onsite management
- Walking distance to restaurants and bars
Approximate Financial Details:
Body Corp Fees - $11,000
Gross Income return for 2019 - $54,500
Occupancy Rate for 2019 - 70%
Average nightly rate - $220
Council Rates - $2,528 pa
Pets - All pets are subject to approval by the Body Corporate and an application needs to be submitted and approved.
Inspection is by private appointment only. Financials on request.
Property History for 1401/2-22 Veivers Rd, Palm Cove, QLD 4879
- 28 Sep 2020Sold for $245,000
- 05 Apr 2019Listed for Sale $310,000
- 26 Apr 2006Sold for $550,000
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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 2,787 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:
- The median value for Houses in Palm Cove is $1,012,338 while the median value for Units is $530,754.
- Houses have a median rent of $750 while Units have a median rent of $490.
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