OFF MARKET

2/81-85 Cedar Road
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 115m2
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Property Details for 2/81-85 Cedar Rd, Palm Cove

2/81-85 Cedar Rd, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 115m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
2004
Floor Size
115m2
Land Size
115m2
Local Government
Cairns Regional
Lot/Plan
2/SP174182

Last Listing description (February 2017)

SHORT TERM STAY OF 6 WEEKS FOR OWNERS SO A GREAT OPTION TO USE ALL OR PART FOR YOUR WINTER TROPICAL ESCAPE and get a return the rest of the year in the very popular tourist destination at Palm Cove, north of Cairns.
This is a dual key luxury ground floor holiday let apartment set in the 2.5 acres of tropical gardens of 'Mango Lagoon' at Palm Cove. Both bedrooms have ensuites and can be let as a total or as dual key style for maximising returns.
The future looks good for this North Queensland iconic location; financials are available on request.

SELLERS HAVE SHOWN THEIR HAND AND REDUCED THE PROPERTY TO MEET THE MARKET
The On-Site Managers live by their mission statement to 'provide guests with the best possible holiday experience in Palm Cove', while maintaining a pristine resort and building a secure future for their landlords.
This Luxury Apartment is in beautiful condition and comes fully furnished and self contained with spacious living areas that flow through bi-fold doors to the outdoor porch looking onto just one of the 4 resort pools.
The Resort offers your guests on-site tour desk, Wi-Fi, Day Spa, and the security of relaxing surrounds with famous Palm Cove Beach just a short walk away.
Inspections are by appointment with the Listing Agent.

Property History for 2/81-85 Cedar Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$210,000
12 Oct 2015
  • 12 Oct 2015
    Sold for $210,000
  • 28 Feb 2015
    Listed for Sale OFFERS OVER $215,000.
  • 19 Sep 2011
    Listed for Sale $219,000
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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 2,775 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 54 properties listed for sale, and 12 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Palm cove.

Suburb Insights for Palm Cove 4879

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.