OFF MARKET

5/11 Colonel Cummings Drive
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 144m2
Land area: 166m2
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Last updated 14 Oct 2024
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Property Details for 5/11 Colonel Cummings Dr, Palm Cove

5/11 Colonel Cummings Dr, Palm Cove is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 166m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in September 2009.

Building Type
Unit
Year Built
2004
Floor Size
144m2
Land Size
166m2
Local Government
Cairns Regional
Lot/Plan
5/SP146117

Last Listing description (October 2010)

DIVORCE SALE - MOST STRESSED SALE ON BUCHANS POINT IN HISTORY - DON'T MISS IT!
Situated high above Cairns' world famous Palm Cove Beach, this uniquely secluded oasis known as Mumbilla Santai truly gives you the feeling of owning your own private mountain-top sanctuary. Towering into the cliffside, Santai offers unmatched views of the Coral Sea extending from Palm Cove to Cairns' tropical rainforest covered mountains.
As soon as the two enormously regal timber doors swing open, you immediately recognize the privileged atmosphere confidently flowing throughout the whole building including a breath-taking pool area complete with BBQ and water features. Even in these tough times, we find the type of owners in this exclusive area rarely find themselves in need to sell quickly. Hence, this apartment represents a truly rare opportunity to buy into one of the most beautiful complexes in all of Australia at a price not to be repeated.

The apartment includes 3 double bedrooms including 2 with ensuites and all with built-in/walk-in wardrobes, 3 bathrooms including 1 with luxury claw-foot bath, and modern chefs kitchen with gas oven and stone counter-tops. The very spacious floorplan opens through sliding glass doors to a private balcony overlooking a view which words cannot offer justice. The apartment also comes with an extensive and luxurious furniture package complete with everything down to the linens and flatware.
The buyer of this property will be somebody looking for more than just privacy, status, unmatched quality and views. It will be somebody looking for the truly exclusive never-to-be-repeated escape that these aspects have been masterfully woven together to create. It will also be somebody that truly takes advantage of the current market to get the bargain of the century.
Additional feature - Area Views.

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Property History for 5/11 Colonel Cummings Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$865,000
26 Sep 2009
  • 20 Jul 2010
    Listed for Sale $875,000 NEGOTIABLE
  • 01 Dec 2009
    Listed for Sale POA.
  • 26 Sep 2009
    Sold for $865,000
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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 2,771 properties. Over the last 5 years, Houses in Palm Cove have seen a 62.74% increase in median value, while Units have seen a 53.29% increase. As at 30 September 2024:

  • The median value for Houses in Palm Cove is $1,002,548 while the median value for Units is $536,421.
  • Houses have a median rent of $760 while Units have a median rent of $475.
There are currently 56 properties listed for sale, and 15 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.

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