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Overview
Level First, 106/2 Oliva Street, Palm Cove QLD
Positioned just moments from the golden sands of Palm Cove Beach, this fully furnished two-bedroom apartment offers an exceptional blend of lifestyle, convenience, and immediate rental income in one of Tropical North Queensland's most sought-after locations.
Situated within the popular Elysium Apartments complex, the residence enjoys a relaxed coastal atmosphere and is only a short walk from Palm Cove's vibrant Esplanade, featuring a variety of cafés, restaurants, boutiques, and beachfront dining options.
The apartment is currently leased until 3 September 2026 at $660 per week, providing a secure income stream from day one. This arrangement offers future flexibility for investors seeking a quality beachside asset.
Beautifully presented and offered fully furnished, the apartment includes two spacious bedrooms and two bathrooms, a modern kitchen equipped with quality appliances, and a spacious open-plan living and dining area. Additional conveniences include lift access, secure undercover parking, and a private storage cage.
Residents and guests have access to a resort-style swimming pool and sun deck, creating a perfect tropical retreat just moments from the beach.
Key features include:
- Fully furnished and self-contained accommodation
- Two generous bedrooms and two bathrooms
- Spacious open-plan living and dining areas
- Modern kitchen with quality appliances
- Secure undercover car accommodation
- Private storage cage
- Lift access for convenience
- Resort-style swimming pool and sun deck
- Tenant in place until 3 September 2026
- Currently returning $660 per week in rental income
- Strong seasonal demand within the complex
- Approximately 150 metres to Palm Cove Esplanade and beach
Outgoings for the property include body corporate levies of approximately $12,434 per annum (if paid on time), council rates of approximately $3,267 per annum, and water charges of approximately $428 per annum.
This apartment represents an outstanding opportunity for investors looking to expand their portfolio or for buyers seeking a premium Palm Cove property in a tightly held beachside location, with income already in place.
Inspection is available by appointment.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Palm Cove QLD 4879
Market Insights for Palm Cove QLD 4879
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