8/10-14 Amphora StreetPalm Cove QLD 4879
Property Details for 8/10-14 Amphora St, Palm Cove
8/10-14 Amphora St, Palm Cove is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 45m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Palm Cove in the last 12 months.
Last Listing description (July 2024)
Just 50m back from Williams Esplanade in Palm Cove this is the perfect strong returning tropical retreat and winter escape for you in sunny Far North Queensland. Everything Palm Cove has to offer is within a short stroll from your doorstep. Peaceful and tranquil the resort offers a lovely tropical ambience at a very affordable price. The apartment itself is fresh, bright and inviting with tropical gardens views, glimpses of the pool and even ocean views from the bedroom.
- Spacious studio apartment that has been extensively renovated throughout
- 1st floor position with large balcony that enjoys views of the pool and tropical gardens
- All furnishings included in the sale. Not a thing to do, it's all ready to go!
- Currently holiday let via local agency this property is suitable for investors looking to holiday in the area with a substantial return of $14,076.14 NET (5.41% NET) over the previous 12 months after management/body corps and council rates or would also suit as a "lock and leave" holiday home.
- Small boutique complex of 36 features tropical gardens, large in ground pool and sundeck area, BBQ and alfresco dining areas
- Shared parking onsite
- NOTE This property is not suitable for owner occupiers (Holiday Accommodation Zoning)
Property History for 8/10-14 Amphora St, Palm Cove, QLD 4879
- 20 Jun 2024Sold for $260,000
- 15 May 2024Listed for Sale $260,000
- 17 Feb 2021Sold for $90,000
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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 2,779 properties. Over the last 5 years, Houses in Palm Cove have seen a 77.98% increase in median value, while Units have seen a 56.29% increase. As at 31 July 2024:
- The median value for Houses in Palm Cove is $1,011,695 while the median value for Units is $517,030.
- Houses have a median rent of $775 while Units have a median rent of $475.
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