OFF MARKET

24 Litara Court
Palm Cove QLD 4879

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 246m2
Land area: 510m2
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Property Details for 24 Litara Ct, Palm Cove

24 Litara Ct, Palm Cove is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 510m2 and floor size of 246m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
2011
Floor Size
246m2
Land Size
510m2
Local Government
Cairns Regional
Lot/Plan
240/SP218302

Last Listing description (December 2022)

Located in the prestigious Argentea Estate 800 metres from the Palm Cove beachfront and within walking distance to the shops and public transport, this fully furnished executive property built in 2012 is perfect for the extended family. This home would also suit retirees looking for that little bit more, or savvy investors. The property is currently an executive holiday let which is agent managed. This is a great income producing holiday rental with enormous growth potential. Current gross holiday rental income approx. AUS$40,000 p.a. or around $400 per night. Can achieve approx $600 p/wk as a residential let.Built with an impressive demand for quality, this contemporary home has 4-bedrooms (BIR/WIRs), 2-bathrooms plus master en-suite with spa and double shower. The residence presents several living areas which includes a separate media room, study area and a self-contained granny flat as the 4th bedroom on an upper level. The neutral tones and quality finishes allows anyone to add their personal flair and the family friendly zoning built into the configuration means that kids have their side of the house, parents have their zone close to the pool and visiting guests/family can lodge upstairs with some privacy. The spacious upstairs unit is a diverse space that can be used as a teen retreat/home office, useful to entice family group holidays, or as your personal guest house. Better yet, you could rent out the upstairs unit as a B&B or student accommodation and earn extra income!The stylish considerations continue outside, showcasing an irrigated landscaped tropical garden with an alfresco area next to the solar heated plunge pool. The alfresco area comes complete with bbq, range-hood, bar fridge, fans and is wired for an outdoor TV. This lovely home has reverse cycle split air-conditioning and ceiling fans in all rooms, remote controlled double garage with the space to fit another 2 cars in the driveway and a 5.5kw solar panel system.Option to buy home with or without furnishings which includes kitchenware, soft furnishings and all electrical appliances.Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 24 Litara Ct, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$1,190,000
19 May 2022
Listed for Rent
$700/w
03 Jun 2015
  • 19 May 2022
    Sold for $1,190,000
  • 25 Jan 2022
    Listed for Sale $1,200,000
  • 15 Oct 2019
    Listed for Sale $665,000
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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 2,779 properties. Over the last 5 years, Houses in Palm Cove have seen a 77.98% increase in median value, while Units have seen a 56.29% increase. As at 31 July 2024:

  • The median value for Houses in Palm Cove is $1,011,695 while the median value for Units is $517,030.
  • Houses have a median rent of $775 while Units have a median rent of $475.
There are currently 45 properties listed for sale, and 10 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Palm cove.

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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.