Sold - PALM COVE QLD, 4879
Apartment
  • 2Beds
  • 2Baths
$395,000
PALM COVE JEWEL - APARTMENT WITH OPTIONS
An opportunity has arisen to purchase a dual key, fully furnished & fully self contained apartment within the tightly held Elysium complex in Palm Cove.
This ever popular resort, with its fantastic location is thoroughly well maintained & showing no signs of age. Great location, only a stones throw from the beach, spa's & restaurants of Palm Cove, easily accessible for a stroll along the Esplanade & within close proximity of the Palm Cove Tavern, this would be hard to go past for savvy investors looking to get back into the Cairns investor market.
The low body corporate fees & the rate of return on investment for the lucky new owner must be considered. Current figures for the last financial year show the current owners gained a gross income of $37,000.
There really are countless options available here. With two apartments within one, the flexibility could be to rent both, holiday let both or rent or holiday let just one, giving you the time to enjoy your Palm Cove getaway whenever you like!
The two units both offer one bedroom accommodation with quality furnishings & fittings throughout. There is also a lock up storage area with lighting on the garage level.
The studio accommodation comprises of:
- 1 bedroom with king bed and TV
- Kitchenette
- Balcony
- Bathroom with double shower
- Tiled living & carpeted bedrooms

The apartment comprises of:
- 1 bedroom with king bed & wall mounted TV
- Fully functioning kitchen with fridge freezer, microwave, dishwasher, oven and ceramic stove
- Large split system a/c with remote
- Internal laundry with washing machine and dryer
- Living area with quality furnishings & artwork
- Tiled living and carpeted bedrooms
- Double built in robe space
- Good sized bathroom with double shower

The unit also comes complete with undercover car parking space, Austar and a pool within the complex.

With the market on the move this really is a great opportunity to purchase in Palm Cove again.
General Features
  • Type: Apartment
  • Bedrooms: 2
  • Bathrooms: 2
Indoor Features
  • Ensuites: 2
  • Living Areas: 1
Palm Cove Suburb Profile
Palm Cove is the northern-most residential beach suburb within the Cairns northern beaches strip adjoining Clifton Beach to the south. Although the suburb does feature a large amount of residential land use, Palm Cove is primarily a tourist location and is very popular for its holiday accommodation, restaurants, cafes and activities. Palm Cove is located approximately a 25-minute drive north of the Cairns International Airport and Cairns CBD. The postcode for Palm Cove is 4879.

The closest major shopping centre is Clifton Village located approximately a 5-minute drive south on the Bruce Highway in Clifton Beach. Clifton Village features many specialty stores including pharmacy, post office, Commonwealth Bank, doctor’s office as well as major retailers Coles and Target. The next closest shopping centre to Palm Cove is Smithfield Village Shopping Centre; approximately a 10-minute drive south in Smithfield featuring Coles, Woolworths, K-Mart, many speciality stores and a food court.

The closest schools to Palm Cove include Trinity Anglican School approximately a 5-minute drive south in Kewarra Beach offering kindergarten through to Year 12, Trinity Beach State School approximately a 5-10 minute drive south in Trinity Beach offering primary education, and Smithfield State High School approximately a 10-minute drive south in Smithfield offering secondary schooling. The Cairns Sunbus public transport service also runs throughout the area with multiple stop overs in the suburb.
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