2/26-28 Oliva Street
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About this property
UNDER OFFER - Pending Conditions Please go to https://anz.openn.com/app/l/sq~M to place your offer and to view a copy of the Sellers Disclosure Statement - this includes all body corporate information. Positioned in a well-maintained complex just moments from the beach, Unit 2/26-28 Oliva Street presents an outstanding opportunity to secure an affordable slice of the Palm Cove lifestyle. Whether you're looking to expand your investment portfolio, purchase your first property, or secure a low-maintenance tropical getaway, this one-bedroom apartment offers exceptional value in a highly desirable location. Featuring a functional and comfortable layout, the apartment comprises a spacious bedroom, bathroom complete with shower, vanity and toilet, open-plan living, and a dedicated single carport. Residents also enjoy access to the complex swimming pool, perfect for relaxing and unwinding in the tropical climate. Currently leased at $500 per week, the property offers immediate rental income and strong investment appeal. With affordable body corporate fees of approximately $3,259.30 per annum and council rates of approximately $3,266.90 per annum, this is an attractive opportunity for investors seeking solid returns in a sought-after beach side suburb. Located within easy reach of Palm Cove's iconic beachfront esplanade, cafés, restaurants, boutique shops and world-class resorts, this property combines convenience, lifestyle and investment potential. Property Features: - One spacious bedroom with built-ins, fan and air-conditioner - Bathroom with shower, vanity and toilet - Open-plan living and dining area opening to the low-maintenance courtyard - Single carport - Swimming pool within the complex - Currently leased at $500 per week - Body Corporate: Approx. $3,259.30 per annum - Council Rates: Approx. $3,266.90 per annum - Excellent investment or lock-and-leave lifestyle opportunity - Minutes to Palm Cove Beach and Esplanade Don't miss this opportunity to secure an affordable property in one of Far North Queensland's most sought-after coastal destinations. As the property is tenanted, please look out for the scheduled Open Home times. Contact me on 0424 174 348 for more details. Please note - Some images have been digitally enhanced using AI-generated furniture and styling for illustrative purposes only. Furniture shown is not included with the property.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 50 m²
- Listed
- 3 weeks ago
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Neighbourhood
Living in Palm Cove
This 1-bedroom apartment in Palm Cove, QLD 4879 sits within reach of public transport, local shops local amenities.
What's nearby
- Cedar Street near Coral Coast Drive (bus) — 248 m away
- The Pantry @ The Cove — 167 m away
- Tom McDonald Park — 134 m away
- Unnamed — 589 m away
- Argentea Park — 1.4 km away
Palm Cove at a glance
Full suburb profile- Population
- 2,450
- Median age
- 53
- Household income
- $1,527/wk
- Median rent
- $365/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
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Suburb market
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Palm Cove price trend
Median sold · Unit 1 bed
Compound growth +12.7% / yr over 4 yrs
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Listing price changes
1 price change recorded for this property
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