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106/2 Oliva Street

Palm Cove QLD 4879

2
2
1
Apartment
Currently for sale - view listing

Overview

Beachside Palm Cove Lifestyle with Income from Day One

Positioned just moments from the golden sands of Palm Cove Beach, this fully furnished two-bedroom apartment offers the perfect combination of lifestyle, convenience and immediate rental income in one of Tropical North Queensland's most sought-after destinations. Located within the popular Elysium Apartments complex, the apartment enjoys a relaxed coastal setting just a short stroll from Palm Cove's vibrant Esplanade, where cafés, restaurants, boutiques and beachfront dining await. Currently leased until 3 September 2026 at $660 per week, the property provides a secure income stream from day one while offering future flexibility for investors seeking a quality beachside asset. Beautifully presented and offered fully furnished, the apartment features two generous bedrooms, two bathrooms, a modern kitchen, spacious open-plan living, lift access, secure undercover parking and a private storage cage. Residents and guests enjoy access to the resort-style pool and sun deck, creating the perfect tropical retreat just moments from the beach. Features include: • Fully furnished and self-contained • Two bedrooms and two bathrooms • Spacious open-plan living and dining • Modern kitchen with quality appliances • Secure undercover car accommodation • Private storage cage • Lift access • Resort-style swimming pool and sun deck • Tenant in place until 3 September 2026 • Currently returning $660 per week • Strong seasonal demand within the complex • Approx. 150 metres to Palm Cove Esplanade and beach Outgoings: • Body Corporate Levies: Approx. $12,434 per annum (if paid on time) • Council Rates: Approx. $3,267 per annum • Water Charges: Approx. $428 per annum Whether you're looking to expand your investment portfolio or secure a premium Palm Cove property in a tightly held beachside location, this apartment represents an outstanding opportunity to purchase a quality asset with income already in place. Inspection by appointment

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Property history for 106/2 Oliva Street

2020
Sold
$293,000
Private Sale/Treaty on 29 Jun 2020 by Ray Murphy, of Ray White Cairns

Happy sellers in Palm Cove

85%
85% of sellers in Palm Cove reported that their sale price either exceeded or met their price expectations.

Palm Cove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 41 reviews in Palm Cove over the last 12 months.

Local market activity for 2 bedroom apartments in Palm Cove

In the last 12 months, 29 two-bedroom apartments similar to 106/2 Oliva Street, have been sold.

This represents a 42% increase in two-bedroom apartments sales when compared to the previous 12 months.

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