OFF MARKET

24/10-14 Amphora Street
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Land area: 55m2
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Property Details for 24/10-14 Amphora St, Palm Cove

24/10-14 Amphora St, Palm Cove is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2005.

Building Type
Unit
Year Built
1980
Land Size
55m2
Local Government
Cairns Regional
Lot/Plan
24/SP178678

Last Listing description (October 2020)

The Reef Retreat is one of Palm Coves hidden secrets this award winning boutique resort is surrounded by paperbark trees, and is only 50 metres from the beach. Fall in love strolling along the local beach front markets, cafes, bars, restaurants and the iconic Palm Cove Jetty.

Offering the opportunity to be owner occupied but also a great investment with profitable returns this is a perfect investment opportunity for first time buyers, or experienced investors thanks to the combination of beach location, high demand and occupancy rates, affordability and the stable on site management team.

STAND OUT FEATURES INCLUDE:

- Fully furnished
- Third Floor 3-Key Apartment
- Private balconies
- High annual occupancy rates and good rental returns
- Holiday let accommodation
- Undercover parking
- Heated resort swimming pool with spa and huge sun deck.
- BBQ Facilities and extensive alfresco entertainment area, and pool bar
- On Site Tour and Excursion Booking Desk, wireless internet, guest laundry
- Visit www.reefretreat.com.au

Body Corporate Fees: $18,676/year including bills

Financials available on request.

Call Alex now to book your exclusive private inspection.

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Property History for 24/10-14 Amphora St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$195,000
06 Sep 2005
  • 24 Sep 2019
    Listed for Sale Buyers in the $300,000's
  • 25 Oct 2018
    Listed for Sale Offers Invited
  • 06 Sep 2005
    Sold for $195,000

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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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