OFF MARKET

LOT418/5 Triton Street
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for Lot418/5 Triton St, Palm Cove

Lot418/5 Triton St, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Cairns Regional

Last Listing description (November 2019)

* The best available 2 bedroom dual key apartment at Sea Temple 5 Star Resort
* Increased income potential
* Increased flexibility re holiday stays and / or living options

* Central position overlooking the main pool to the east with hillside views to the west

Situated on the top two floors in the centre of the complex this rooftop terrace penthouse has views through the gumtrees towards the east and views of the hillsides to the west. Entry to the apartments is through your own private foyer. The main one bedroom side of the apartment has an open plan living and lounge design with a full kitchen. The balcony has ballustrading to let light and breezes in from the ocean. There is the spiral staircase to your own private rooftop terrace with spa and BBQ.

The studio apartment has a generous ensuite with full bath, shower and toilet. The dual key nature of this apartment pair offers increased income potential or flexibility for an owner. Some owners live in one side and let out the other to help cover the body corporate fees, while others enjoy the privacy of having family or friends stay in their own separate apartment. As an investor there is the increased income potential by having two x 1 bedroom apartments in the only 5 star Resort in Palm Cove.

Easy access from the basement carpark with the main lift under 25m from your apartment for convenience.

Do the comparisons at Palm Cove and dont delay. All eyes are on Cairns at present with a very interesting 2017 around the corner.

Price : $459,000 Furnished
Grant Freeman 0417 159 357

Complete photography and further details are available at http://pps.estate/434

Should you be considering selling your property please do not hesitate to contact us - we are here to help you

Property History for Lot418/5 Triton St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
  • 22 Oct 2016
    Listed for Sale $459,000 Furnished

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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.
There are currently 45 properties listed for sale, and 10 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Palm cove.

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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.