46/81-85 Cedar Rd, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 109m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
Auctioning 2 bedroom dual key apartment + large 1 bedroom apartment. Fantastic opportunity for a versatile investment with strong returns situated in a tranquil sophisticated Palm Cove location.
Both are being offered for sale fully furnished with strong forward bookings in place. The top floor two bedroom dual key apartment is spacious and impressive and a generous 109m2 in size. The second large 1 bedroom apartment is 73m2 in size featuring a spa bath d ensuite, self-contained kitchen and laundry facilities, split-system air-conditioning throughout, full-sized living and dining area with secure aluminum shutters that allow the apartment to be opened up to enjoy the poolside outlook.
Mango Lagoon Resort is one of the newer resort development in Palm Cove and is situated on 2.5 acres of tropical gardens and boasts multiple pools, meandering walkways, new on site management with this apartment being offered at a snap me up quick Auction Sale.
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:
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