OFF MARKET

1402/2-22 Veivers Road
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 115m2
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Last updated 11 Nov 2024
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Property Details for 1402/2-22 Veivers Rd, Palm Cove

1402/2-22 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 115m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2006
Floor Size
100m2
Land Size
115m2
Local Government
Cairns Regional
Lot/Plan
1402/SP196229

Last Listing description (January 2022)

This three bedroom family room in the Drift Complex Palm Cove is certainly worth a look at for the owner occupier and investors alike. Set on the northern side of the complex the apartment enjoys a leafy aspect with ocean views to the East from the balconies. Inside you will find a modern kitchen, open plan dining and living areas, 2 generous bedrooms both of which have an ensuite and built-in robes. Towards the front there is another bedroom/study that enjoys ample light and takes advantage of the views. The property is sold fully furnished and has a long-term tenant in place on a periodic lease meaning you can move in or continue the current lease. 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.

Property features;
- Spacious 3-bedroom layout with views

- Current tenant at $400 per week on periodic lease
- Amazing central location
- Possibility to holiday let/live in or rent to long term tenants
- Priced to sell and wont last long!

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Property History for 1402/2-22 Veivers Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$325,000
29 Mar 2021
Listed for Rent
$400/w
19 Jan 2018
  • 29 Mar 2021
    Sold for $325,000
  • 27 Nov 2018
    Listed for Sale $415,000 $415,000
  • 19 Jan 2018
    Listed for Rent - Price not available
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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 2,775 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 55 properties listed for sale, and 10 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Palm cove.

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