108/2 Oliva St

Off Market

108/2 Oliva St

Palm Cove QLD 4879

117 m²

Apartment

Last sold for $570,000

Ray Murphy, last sold this property on 07 May 2026 after 42 days on market.

Overview

Dual Key Coastal Living with Exceptional Flexibility

Set within the exclusive and highly regarded 'Elysium Apartments' complex in Palm Cove, The Ray Murphy Team proudly presents this sophisticated dual key residence, offering a refined coastal lifestyle with outstanding flexibility and strong investment appeal. Showcasing a contemporary design that maximises natural light, space and airflow, this is an exceptional opportunity for both lifestyle buyers and astute investors alike. Offered fully furnished with quality inclusions, the apartment delivers true versatility. Whether utilised as a permanent residence, a secure long term investment, or a high performing holiday let, the property caters to a range of ownership goals. With professional onsite management in place, it also presents a seamless, low maintenance 'set and forget' investment, while still allowing you to enjoy your own tropical retreat when desired. One Bedroom Apartment • Generous bedroom with walk through robe and direct balcony access • Private ensuite with oversized walk-in shower and dual shower heads • Contemporary kitchen featuring stone benchtops, dishwasher and electric cooktop • Open plan living and dining flowing effortlessly to the balcony • Split system air conditioning throughout • Internal laundry Studio Apartment • Well-appointed studio with private balcony • Bathroom with walk-in shower and dual shower heads • Split system air conditioning Additional Features • Resort style inground swimming pool with spa and BBQ area set amongst landscaped tropical gardens • Secure allocated car accommodation plus enclosed storage • Lift access within the complex • Dual key configuration providing multiple income streams • No letting restrictions allowing for owner occupancy, permanent rental or holiday letting Positioned in the heart of Palm Cove, the apartment is just a short 200 metre stroll to the iconic Williams Esplanade, home to award winning restaurants, boutique shopping, vibrant cafés and luxury day spas. Renowned for its palm lined beachfront and relaxed coastal atmosphere, Palm Cove remains one of Tropical North Queensland's most sought-after destinations, presenting an exceptional opportunity to secure premium lifestyle living or a high performing investment with dual income potential. Contact 'The Ray Murphy Team' today to register your interest! Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Features

2 bedrooms

2 bathrooms

2 carspaces

1 carport space

1 garage space

117 m² lot size

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Palm Cove over the last 12 months, the estimated median property value of 108/2 Oliva St is $635k.

Median value

$635k

Estimated value range

$360k - $1.29m

Median days on market

Estimated value trend

54%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Palm Cove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 108/2 Oliva St

2026

Sold

$570,000

07 May 2026 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 44 reviews in Palm Cove over the last 12 months.

Local market activity for 2 bedroom apartments in Palm Cove

In the last 12 months, 28 two-bedroom apartments similar to 108/2 Oliva St, have been sold.

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

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Palm Cove for a free market appraisal.

Shira David Stern

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Jan Hooghe

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Nearby agents

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Shira David Stern

Sellers who recommend Shira David Stern have praised them for being clear communication, local expert, supportive, responsive, friendly, dedicated and honest