OFF MARKET

3407/2-22 Veivers Road
Palm Cove QLD 4879

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 37m2
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Property Details for 3407/2-22 Veivers Rd, Palm Cove

3407/2-22 Veivers Rd, Palm Cove is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 37m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
2006
Floor Size
57m2
Land Size
37m2
Local Government
Cairns Regional
Lot/Plan
3407/SP196229

Last Listing description (July 2024)

Situated in an unbeatable setting, on the southern end of the Palm Cove Esplanade; this apartment in the sought after Drift complex puts the beach and cafe culture right on your doorstep. Delivering a tranquil, tropical outlook over the resort gardens and lagoon pools, this modern studio apartment provides an affordable option to enter the Palm Cove market as a profitable investment and/or great little place to escape the grind of city life
The apartment has a lovely private balcony, is currently returning strong number via onsite letting and enjoys lovely views!

- Spacious open plan design maximizes space

- Balcony overlooking lush tropical gardens and lagoon pool
- Well-appointed kitchenette
- Sold with all furnishings included ready to holiday let
- Plenty of parking onsite although car park is non allocated
- Currently managed via Onsite team at Dreamtime Drift
- Permanent Rental Appraisal of $375p/w+
- Potential to increase Holiday Let Return further by updating Furniture/Aesthetics
- Facilities include lagoon pool, spa, gym, elevators
- Superb location with cafes, boutiques, and restaurants in and around the complex
- Please note the propoerty does not have an allocated car park

Property History for 3407/2-22 Veivers Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$115,000
10 Sep 2020
  • 10 Sep 2020
    Sold for $115,000
  • 30 Jun 2017
    Listed for Sale Make an offer!
  • 27 Mar 2007
    Sold for $299,000

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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 2,775 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 54 properties listed for sale, and 12 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 135 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.