SOLD
Sold on 29 Feb 2024 for $355,000

3303/2-22 Veivers Road
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
Land area: 81m2
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Property Details for 3303/2-22 Veivers Rd, Palm Cove

3303/2-22 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 81m2 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
2006
Floor Size
67m2
Land Size
81m2
Local Government
Cairns Regional
Lot/Plan
3303/SP196229

Last Listing description (June 2024)

This 3rd level apartment in Drift enjoys tropical views over the tropical garden surrounds and pool. The perfect holiday investment that can double as your home away from home! Drift occupies one of the best locations on the Esplanade putting the beach, cafes, restaurants and magical ambience of Palm Cove right at your fingertips!

- Generous balcony with views over complex gardens and pool
- Magnificent location with the vibrancy of the Esplanade on the doorstep

- Open plan living and dining area opens out to balcony
- All furniture included in the sale
- Complex features tropical gardens, gorgeous lagoon pool, gym, elevators and spa
- Pets by Body Corporate Approval
- Strong return potential via Holiday Letting enquire for financials
- Drift is available for holiday letting with letting team onsite, also suitable for owner occupiers

Property History for 3303/2-22 Veivers Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$355,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $355,000
  • 27 Nov 2023
    Listed for Sale Not Disclosed
  • 30 Aug 2011
    Sold for $220,000

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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.

Suburb Insights for Palm Cove 4879

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Contact agent
Joel Cuman
Show contact details
Belle Property Cairns
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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.