OFF MARKET

2412/2-22 Veivers Road
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
Land area: 89m2
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Property Details for 2412/2-22 Veivers Rd, Palm Cove

2412/2-22 Veivers Rd, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 89m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2006
Floor Size
67m2
Land Size
89m2
Local Government
Cairns Regional
Lot/Plan
2412/SP196229

Last Listing description (January 2023)

Imagine Drift is a modern resort on the palm lined beachfront of Palm Cove and this large apartment offers an open-plan living/dining/kitchen area leading to your private balcony overlooking the ocean and lovely resort pool .

The apartments are commonly referred to as a two bedroom family. The master bedroom has an en-suite with bath/shower and there is also a daybed area with a second queen bed, which can be screened off at night for privacy. It even has a separate study area, two bathrooms and a laundry. It comfortably sleeps 4 adults for holiday stays.

Drift is one of the few resorts in Palm Cove where you can choose to live-in full time, residential let or holiday let - it's up to you. This apartment comes fully furnished and ready to earn an income or block out your holiday dates in paradise.

It is a great time to invest in Imagine Drift Resort with Palm Cove experiencing record occupancy numbers .
Body Corp Appox $15,000 per annum including Air con running costs.
Rental return approx $450 pw.
or Holiday let starting from $219 per night up to $449 per night in peak season.

Property History for 2412/2-22 Veivers Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$436,000
22 Dec 2022
  • 22 Dec 2022
    Sold for $436,000
  • 20 Oct 2022
    Listed for Sale Interest from $439,000
  • 03 Nov 2006
    Sold for $630,000

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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 66.77% increase in median value, while Units have seen a 56.68% increase. As at 31 August 2024:

  • The median value for Houses in Palm Cove is $1,021,961 while the median value for Units is $528,118.
  • Houses have a median rent of $780 while Units have a median rent of $473.
There are currently 54 properties listed for sale, and 8 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 138 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.