Home/Properties/Palm Cove/2/26-28 Oliva Street
2/26-28 Oliva Street, Palm Cove$400
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2/26-28 Oliva Street

Palm Cove, QLD 4879, Australia
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1 bed 1 bath 1 car50 m²

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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

Repayment calculator

$2/month
$1 /fortnight
Loan $320 at 6.10% over 30 years

Upfront costs

Deposit$80
Stamp duty$0
Conveyancing (est.)$2,000
Total upfront$2,080
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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 Cove167 m away
  • Tom McDonald Park134 m away
  • Unnamed589 m away
  • Argentea Park1.4 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

Suburb price trend

Palm Cove price trend

Median sold · Unit 1 bed

Compound growth +12.7% / yr over 4 yrs

$400kcurrent median

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Price history

Price history

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1 price change recorded for this property

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