OFF MARKET

336/305-341 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 53m2
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Last updated 11 Nov 2024
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Property Details for 336/305-341 Coral Coast Dr, Palm Cove

336/305-341 Coral Coast Dr, Palm Cove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 53m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1989
Floor Size
84m2
Land Size
53m2
Local Government
Cairns Regional
Lot/Plan
116/BUP70885

Last Listing description (October 2022)

Attention all Investors & Owner Occupiers, how good is this?
A fully furnished, 1 bedroom apartment in original condition in the highly sought after beach side suburb of Palm Cove has just come onto the market.
Located on the first floor, with lift access, in the popular Coral Coast Resort, you'll enjoy the privacy & cooling sea breezes this apartment provides.

With split air conditioners in both the bedroom & lounge room, you'll have no problems keeping cool.
Given it's original condition there is no doubt that this apartment would benefit greatly with a makeover, however, this is reflected in the selling price.
Absolutely perfect for either an Investor or Owner Occupier this apartment has been priced to sell quickly, "snooze you'll lose"!
We're sure you'll enjoy a coffee or a coldy on your balcony whilst overlooking the fabulous swimming pool!
Set in beautifully maintained gardens, you'll enjoy the use of a resort pool whilst only minutes from Palm Cove's iconic beach front & outstanding restaurants.
There's also plenty of car parking in the non allocated open car park.
This apartment is currently tenanted at $265 per week with a lease in place till March 2023.
Body Corporate fees are approx. $5,052 per year.
Council Rates are approx. $2,676 per year.

Property History for 336/305-341 Coral Coast Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$145,000
05 Apr 2021
Listed for Rent
$350/w
05 Jan 2022
  • 04 Feb 2022
    Listed for Sale Offers over $275,000
  • 05 Apr 2021
    Sold for $145,000
  • 31 Jan 2017
    Sold for $127,000
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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 2,776 properties. Over the last 5 years, Houses in Palm Cove have seen a 61.74% increase in median value, while Units have seen a 63.83% increase. As at 31 October 2024:

  • The median value for Houses in Palm Cove is $998,737 while the median value for Units is $559,734.
  • Houses have a median rent of $750 while Units have a median rent of $485.
There are currently 53 properties listed for sale, and 12 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 133 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.