OFF MARKET

318/2 Oliva St
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
Land area: 193m2
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Property Details for 318/2 Oliva St, Palm Cove

318/2 Oliva St, Palm Cove is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 193m2 and floor size of 124m2.

Building Type
Unit
Year Built
2006
Floor Size
124m2
Land Size
193m2
Local Government
Cairns Regional

Last Listing description (November 2022)

Be amazed by this executive apartment in the heart of Palm Cove and take advantage of the position being only a hop, skip and a jump away from the golden sands of aptly named Palm Cove Beach!

This apartment is the epitome of beach lifestyle living with the benefit of being only 25 minutes north of the Cairns domestic and international Airport and only a short stroll to award winning cafs and restaurants on renown Williams Esplanade.

Notable features include:

- Top floor 3-bedroom apartment within meticulously kept complex
- Spacious master suite offering ensuite and direct access to balcony
- Bedrooms two and there complete with built-in robes and access to balcony
- Main bathroom with large shower featuring double showerheads
- Chef's kitchen with quality stainless steel appliances and ample cupboard space
- Open plan living and dining areas flowing seamlessly out to the expansive balcony
- Private inground complex pool with spa & BBQ Area
- Allocated secure parking & enclosed storage facility
- Fully furnished

The unit is currently within the holiday letting pool however has the flexibility of no letting restrictions therefore allowing you to utilise the property as a permanent rental or residence. This property takes full advantage of space, natural light, and cool breezes, promising a lifestyle of simplicity and sophistication that Palm Cove boasts.

Contact 'The Ray Murphy Team' today to register your interest!

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Property History for 318/2 Oliva St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
  • 09 Aug 2022
    Listed for Sale Mid $600,000's

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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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