OFF MARKET

3406/2-22 Veivers Road
Palm Cove QLD 4879

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 37m2
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Property Details for 3406/2-22 Veivers Rd, Palm Cove

3406/2-22 Veivers Rd, Palm Cove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 37m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2006
Floor Size
67m2
Land Size
37m2
Local Government
Cairns Regional
Lot/Plan
3406/SP196229

Last Listing description (December 2023)

Fresh to market, this magnificent studio apartment located on the Esplanade in the heart of Palm Cove and only a few steps to the Beach! Wake up to the sounds of the waves gently approaching the shore - promising a beach lifestyle of simplicity and sophistication.

PROPERTY PROFILE:

- Fully self-contained

- Modern kitchenette
- Fully air conditioned throughout
- Modern fixtures and fittings
- Spacious bathroom
- Private balcony
- Sparkling complex pool
- Only 25mins North of Cairns and the International Airport

INVESTORS:
- Body Corporate Fees: $10,832.04 approx. p/a (Electricity for Hot Water and Air Conditioning Included)
- Council Rates: $2,600 approx. p/a
- Rental Appraisal: $360.00 to $380.00 p/w

Located within the Drift complex adjacent to the golden sands of Palm Cove beach. Complex offers many facilities including multiple onsite cafes, restaurants, a gymnasium along with a hair and beauty salon. Another key feature of the complex is the dedicated secure bike storage area, bike washing bay and workshop area - ideal for cycling enthusiasts.

Many options available: being in the holiday let pool gives you the flexibility to use the property yourself when you want it, for events like Christmas, New Years, Weekends, etc. You also can permanently let the property out, giving you a guaranteed weekly income. Your other option is to live in the property long term and reap the benefits that living in this prestigious palm cove location has to offer.

Register your interest with 'The Ray Murphy Team' today!

Property History for 3406/2-22 Veivers Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$200,000
09 May 2022
  • 03 Dec 2023
    Listed for Sale Not Disclosed
  • 09 May 2022
    Sold for $200,000
  • 20 Jul 2021
    Listed for Sale Mid $200,000s
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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 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 56 properties listed for sale, and 10 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.

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.