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Sold on 28 Feb 2024 for $1,670,000

5/17 Colonel Cummings Drive
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 300m2
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Property Details for 5/17 Colonel Cummings Dr, Palm Cove

5/17 Colonel Cummings Dr, Palm Cove is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 300m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Apartment sold in Palm Cove in the last 12 months.

Building Type
Apartment
Land Size
300m2

Last Listing description (February 2024)

Nestled within the serene embrace of Palm Cove and the Tropical Far North, Munbilla emerges as a testament to the allure of its surroundings, epitomizing luxury residential living inspired by Australia's iconic ocean scenery. At the heart of this enclave lies No.5, a pinnacle of opulence that redefines the standards of elegance. Here, on the cusp of the Coral Sea, every detail is meticulously crafted to curate an indulgent lifestyle.

Spanning an entire floor and boasting 300 square meters of lavish living space, No.5 beckons with an entrance devoid of stairs, ensuring effortless accessibility. The residence's entrance, framed by Balinese pillars, welcomes guests with solid timber doors and a louvred reception area, while within, Australian Blackbutt hardwood engineered floors have undergone a meticulous restoration.

The essence of modern luxury permeates throughout, with a chefs dream kitchen boasting Miele appliances, a volcanic rock grill, and sweeping views that inspire culinary creativity. This extravagant kitchen effortlessly caters to all living spaces, dining needs, and outdoor entertaining, serving as the perfect central hub for hosting guests.

Its grandeur unfolds within three king-size bedrooms, resplendent bathrooms with natural stone, marble, and porcelain tiles. The master suite offers a private sanctuary, complete with a balcony retreat and an indulgent ensuite featuring an Asian-inspired multi-head steam shower. Expansive living and dining areas that seamlessly flow onto a sprawling balcony enveloped by nature's embrace-where ancient cycads, tree ferns, and the verdant rainforest combined with splendid views out to the Coral Sea form an idyllic backdrop.

Outside, a Southeast-facing terrace envelopes the apartment, inviting alfresco gatherings amidst breath-taking views, enhanced by electric shutters and café blinds for comfort. Ducted air conditioning, whisper-quiet ceiling fans, and a full-size laundry ensure convenience, while shared amenities include a courtyard, sun terrace, and barbecue area framed by tropical foliage.

Residents of Munbilla are granted a boutique ambiance, commanding panoramic views that stretch from the azure ocean to the verdant mountain ranges and the charming community of Palm Cove. Beyond its electric gates, this sanctuary offers secure underground parking, meticulously manicured gardens, and a tranquil poolside oasis that exudes an air of seclusion amidst resort-style amenities.

Conveniently close to Palm Cove's vibrant esplanade, Munbilla offers a rare opportunity for discerning individuals seeking a tranquil abode with close proximity to the area's bustling cafes, boutiques, and markets.

To embark on a private exploration of Munbilla's unparalleled allure, contact Keegan Lake on 0433 446 900 or Laura Krall on 0400 618 378.

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property History for 5/17 Colonel Cummings Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$1,670,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $1,670,000
  • 02 Sep 2023
    Listed for Sale OFFERS INVITED | $1,750,000
  • 29 Sep 2022
    Sold for $1,650,000
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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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Contact agent
Keegan Lake
Show contact details
Laura Krall
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Ray White Cairns
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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.