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108/2 Oliva Street
Palm Cove, QLD 4879

Offers Over $599,000

2
Bed
2
Bath
2
Cars
Land Size: 117 sqm
Property Type: Unit
Last Updated: 26 Mar 2026
Overview

Dual Key Coastal Living with Exceptional Flexibility

Located within the exclusive and highly regarded Elysium Apartments complex in Palm Cove, this sophisticated dual key unit offers a refined coastal lifestyle with exceptional flexibility and strong investment potential. The contemporary design maximizes natural light, space, and airflow, making it an outstanding opportunity for lifestyle buyers and investors alike.

This fully furnished apartment features quality inclusions and true versatility. It can serve as a permanent residence, a secure long-term investment, or a high-performing holiday rental, catering to a variety of ownership goals. With professional onsite management, it provides a seamless, low-maintenance 'set and forget' investment while allowing owners to enjoy their own tropical retreat when desired.

The one-bedroom apartment includes a generous bedroom with a walk-through robe and direct balcony access, a private ensuite with an oversized walk-in shower and dual shower heads, a contemporary kitchen with stone benchtops, dishwasher, and electric cooktop, and an open-plan living and dining area flowing effortlessly to the balcony. Split system air conditioning is installed throughout, and there is an internal laundry.

The studio apartment is well-appointed with a private balcony, bathroom featuring a walk-in shower with dual shower heads, and split system air conditioning.

Additional features include a resort-style inground swimming pool with spa and BBQ area set amongst landscaped tropical gardens, secure allocated car accommodation with enclosed storage, lift access within the complex, and a dual key configuration providing multiple income streams. There are 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. Known 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.

Disclaimer: All information is gathered from sources believed to be reliable. Efforts have been made to ensure accuracy; however, no responsibility is accepted for errors or omissions. Prospective purchasers should verify all information independently.

Location
108/2 Oliva Street
Palm Cove QLD 4879
Market Insights for Palm Cove QLD 4879
New Listings (last 30 days)
8
Average price
$1,092,500
Lowest price
$460,000
Highest price
$3,500,000
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* 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.