SOLD
Sold on 23 Feb 2024 for $345,000

221/305-341 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 78m2
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Property Details for 221/305-341 Coral Coast Dr, Palm Cove

221/305-341 Coral Coast Dr, Palm Cove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 78m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Palm Cove in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
67m2
Land Size
78m2
Local Government
Cairns Regional
Lot/Plan
59/BUP70885

Last Listing description (May 2024)

Coral Coast Resort complex is located on the northern end of beautiful sought after Palm Cove, Cairns Northern Beaches. The resort features modern lift access, four large in-ground swimming pools, three BBQ picnic areas. Private parking is available for residents and guests. It has well maintained tropical gardens and is home to an abundance of local wild life.
Set in a lush tropical environment, the apartment is ideal for holiday rentals, rentals or full-time residence. The unit has no restrictions regarding how it may be managed, and is pet friendly. Situated on the 4th level, this elevated two bed apartment comes with an undercover carport and lockup storage. The balcony overlooks the pool and mountain range. Just minutes' walk to the beach and gorgeous Palm Cove esplanade which has many cafes, restaurants and bars.
The apartment comes fully furnished (optional):

- Generous size bathroom with walk-in shower.
- Fully equipped kitchen with electric cooktop and oven, microwave oven, dishwasher and fridge.
- Washing machine.
- Clothes dryer.
- Air-conditioning and ceiling fans.
- 1 x Queen size beds, 2 x single beds and living area furniture.
- Private balcony with views over the pool and mountain range
- Situated on the 4th level, serviced by two lifts, mobility access friendly.

Renowned Ocean's Edge Health Club is located adjacent to the resort (less then 2 mins walk), offering lap pool and modern gymnasium, classes and sauna.
A 5minute drive to Clifton Beach Shopping Centre with facilities and services. Smithfield Shopping Centre, schools and James Cook University 15 minutes away. 25 minutes to Cairns CBD and airport. Public bus service to northern beaches, Smithfield and Cairns.
phone enquiry code for this property : 3863

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Property History for 221/305-341 Coral Coast Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$345,000
23 Feb 2024
Listed for Rent
$310/w
01 Nov 2017
  • 23 Feb 2024
    Sold for $345,000
  • 14 Feb 2023
    Listed for Sale Offers in the Mid $300s
  • 22 Sep 2020
    Sold for $175,000
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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 2,786 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:

  • 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.
There are currently 48 properties listed for sale, and 7 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Palm cove.

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