SOLD
Sold on 09 May 2024 for $430,000

52/81-85 Cedar Road
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 109m2
Land area: 115m2
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Property Details for 52/81-85 Cedar Rd, Palm Cove

52/81-85 Cedar Rd, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 115m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Palm Cove in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
109m2
Land Size
115m2
Local Government
Cairns Regional
Lot/Plan
52/SP174182

Last Listing description (October 2024)

Indulge in resort-style living with your very own holiday apartment located in the Mango Lagoon Resort and Spa Palm Cove just a short stroll from the gorgeous Palm Cove beach and Restaurant precinct.

On offer is a two-bedroom, self-contained apartment with an enviable ground floor location and views through the lush gardens and out to the sparkling pools. A well-equipped kitchen leads to an open plan living and dining space combined with spacious bedrooms.

Located close to the carpark, it is the most accessible of all units in the complex with direct access to 1 of 4 sparklingly pools. Apartment 52 at Mango Lagoon Resort and Spa offers a home away from home. For the savvy investor looking for a base in Palm Cove that can be frequently visited, these professionally managed holiday apartments provide a great opportunity to add to any investment portfolio. The new owner will have the option of live in, rent out or professionally managed by the on-site management for the short term holiday market with sound financial returns

Walking distance from Palm Cove foreshore, restaurant precincts, public transport and health centre. The apartment offers the secluded retreat with access to close by conveniences. 20 minutes from Cairns International Airport and 40 minute drive to Port Douglas, this apartment is perfectly located for all of what North Queensland has on offer.

Apartment Features at a glance:
Ground Floor with courtyard and direct pool access
2 Bedrooms 2 Bathrooms
Fully Furnished
Full Kitchen and Laundry facilities
Courtyard access to swimming pools
Louvres for total privacy

Resort Facilities:
4 Lagoon Style Pools
On site management
2.5 acres of lush tropical gardens
Wellness Spa
5 minute stroll to the beach

Property History for 52/81-85 Cedar Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$430,000
09 May 2024
  • 09 May 2024
    Sold for $430,000
  • 29 Apr 2024
    Listed for Sale Sold
  • 08 Oct 2015
    Sold for $205,000
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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 2,786 properties. Over the last 5 years, Houses in Palm Cove have seen a 60.59% increase in median value, while Units have seen a 51.70% increase. As at 30 November 2024:

  • The median value for Houses in Palm Cove is $1,012,338 while the median value for Units is $530,754.
  • Houses have a median rent of $750 while Units have a median rent of $490.
There are currently 48 properties listed for sale, and 7 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Palm cove.

Suburb Insights for Palm Cove 4879

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Contact agent
Nick Pelucchi
Show contact details
LJ Hooker Cairns Beaches
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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.