Back 4/5 Amphora St
Off Market

4/5 Amphora St

Palm Cove QLD 4879

2
2
1
Unit
Shane DennisShane Dennis, last sold this property on 31 August 2025 after 121 days on market.

Overview

One street from the beach in Palm Cove

Just one street back from the world-famous Palm Cove Esplanade, this spacious 2-bedroom, 2-bathroom apartment offers the ultimate coastal lifestyle with incredible potential. Part of a classic 1980s development and originally held by the developer himself, this apartment boasts a generous 137m² footprint and is a rare find in such a tightly held location. Enjoy tropical breezes from balconies on two sides, with the main balcony offering serene views over the lush, resort-style pool. Last renovated about 10 years ago, the layout is practical and well-proportioned - ideal for those looking to add immediate value by modernising to suit their own style. The building is complimented by a lift as well as a wide staircase. You're just metres from Palm Cove's vibrant restaurant strip, boutique shops, and the golden sands of the Coral Sea. Despite the tranquil, holiday atmosphere, you're only a 40-minute drive from the heart of Cairns City. Whether you're an owner-occupier, savvy investor, or holiday-home seeker, this is a golden opportunity to secure a slice of paradise in one of Tropical North Queensland's most desirable beachside locations. Features: - 2 large bedrooms & 2 bathrooms - 2 large storage areas - 137m² of indoor-outdoor living - Wraparound balconies, main with pool view - Rare renovation potential in prime position - Moments to restaurants, cafés & the beach - Just 40 mins to Cairns City Don't miss your chance to create your dream beach retreat or a high-demand holiday rental in iconic Palm Cove. Call Shane to book your private inspection. The numbers that matter: - BC fees approx. $12k pa - Council rates approx. $3k pa - Currently leased until 21/08/25 - Rental income $455pw - Rental appraisal $580-$620pw **Disclaimer - Ray White Cairns & Beaches and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Palm Cove over the last 12 months, the estimated median property value of 4/5 Amphora St is $467.5k.

Median value
$467.5k
Estimated value range
$320k - $555k
Median days on market
36
Estimated value trend
29%
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 4/5 Amphora St

2025
Sold
Undisclosed
31 Aug 2025 by Shane Dennis, of Ray White Cairns Beaches
2020
Rented
Undisclosed
Leased on 07 Aug 2020 by Ray White Cairns Beaches
2020
Rented
Undisclosed
Leased on 07 Aug 2020 by Ray White Cairns Beaches

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 39 reviews in Palm Cove over the last 12 months.

Local market activity for 2 bedroom units in Palm Cove

In the last 12 months, 12 two-bedroom units similar to 4/5 Amphora St, have been sold.

This represents a 8% decrease in two-bedroom units sales when compared to the previous 12 months.

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