Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Positioned within a well-maintained boutique complex just moments from the beach, Unit 2/26-28 Oliva Street offers an exceptional opportunity to embrace the Palm Cove lifestyle. This one-bedroom apartment is ideal for investors, first-time buyers, or those seeking a low-maintenance tropical retreat in a highly sought-after coastal suburb.
The apartment features a practical and comfortable layout including a spacious bedroom with built-in wardrobes, ceiling fan, and air conditioning. The bathroom is fitted with a shower, vanity, and toilet. An open-plan living and dining area opens onto a low-maintenance courtyard, providing a seamless indoor-outdoor flow.
Residents benefit from a dedicated single carport as well as access to the complex's swimming pool, perfect for relaxing and enjoying the tropical climate. The property is currently leased at $500 per week, providing immediate rental income and making it a sound investment prospect.
Body corporate fees are approximately $3,259.30 per annum, and council rates are about $3,266.90 per annum, representing affordable ongoing costs. The location offers easy access to Palm Cove's iconic beachfront esplanade, along with nearby cafes, restaurants, boutique shops, and world-class resorts, allowing for a convenient and enjoyable lifestyle.
Property features include:
- One spacious bedroom with built-in wardrobes, ceiling fan, and air conditioning
- Bathroom with shower, vanity, and toilet facilities
- Open-plan living and dining area opening onto a low-maintenance courtyard
- Single carport providing dedicated parking
- Access to the complex swimming pool
- Currently leased at $500 per week offering immediate rental income
- Affordable body corporate fees and council rates
- Excellent investment or lock-and-leave holiday home opportunity
- Minutes from Palm Cove Beach and the beachfront esplanade
This property represents an affordable entry into one of Far North Queensland's most desirable coastal locations. Opportunities like this are limited, so interested parties should consider securing their slice of the Palm Cove lifestyle without delay.
Please note some images have been digitally enhanced with AI-generated furniture and styling for illustrative purposes. Furniture is not included in the sale.
Local Market Insights
In Palm Cove, Quiet Listings observed 3 new units entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $436,333. The property type mix of listed properties is predominantly Houses at 55%, followed by apartments (22%), and units (8%). Ray White was the most active agency monitored, representing 27.1% of all new listings monitored during the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 50 m² |
Market Insights for Palm Cove QLD 4879
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
