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.
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