Live or Let in Iconic Palm Cove!

Proudly presented to the market by The Ray Murphy Team, this exceptional studio apartment represents an outstanding opportunity for investors, holidaymakers, or anyone seeking a beachside lifestyle. Perfectly positioned only moments from the world-renowned Palm Cove Esplanade and golden sands, this property offers the ideal blend of lifestyle, flexibility, and income potential. Beautifully presented, it is perfect for living in, enjoying as a holiday escape, or generating strong rental returns when not in use.

Property Highlights:
• Freshly painted, fully self-contained studio with contemporary design
• Modern kitchenette with quality appliances
• Spacious bathroom with sleek fixtures and fittings
• Air conditioned for year-round comfort
• Private balcony, ideal for morning coffee or evening relaxation
• Sparkling complex pool for residents and guests to enjoy
• No letting restrictions with options to owner occupy, permanently rent, or holiday let
• Prime location only 25 minutes north of Cairns CBD and International Airport

The Figures:
Council Rates: $3,100 approx. p/a
Rental Appraisal: $440.00 to $460.00 per week
Body Corporate Fees: $20,055.76 approx. p/a (Electricity for Hot Water and Air Conditioning Included)

Set within the vibrant Palm Cove village, you will be just a short stroll from award winning restaurants, boutique shopping, and cafés. With the Great Barrier Reef, Daintree Rainforest, and world class attractions at your doorstep, the apartment is perfectly positioned to capture the thriving holiday rental market while offering you the luxury of a personal tropical retreat.

Whether you are searching for a permanent residence or a lock and leave holiday home with proven earning potential, this property delivers on lifestyle, comfort, and financial reward.

Contact The Ray Murphy Team today and secure your slice of Palm Cove paradise!

Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Explore the area

School catchments

Northern Beaches Catholic Primary School Primary Catholic 3.7km
Trinity Anglican School - Marlin Coast Campus Primary Independent 4.6km
Tropical North Learning Academy - Trinity Beach State School Primary Prep-6 Government 5.5km
Holy Cross School Primary Prep-6 Catholic 7.3km
Tropical North Learning Academy - Smithfield State High School Secondary 7-12 Government 7.5km
Newman Catholic College Secondary 7-10 Catholic 8.0km
Kuranda District State College Combined Prep-12 Government 8.3km
Yorkeys Knob State School Primary Prep-6 Government 9.2km
Cairns Hinterland Steiner School Combined Prep-8 Independent 11.2km
Caravonica State School Primary Prep-6 Government 11.8km
Machans Beach State School Primary Prep-6 Government 14.0km
Peace Lutheran College Combined Prep-12 Independent 14.7km
Djarragun College - Girl Academy Campus Secondary Independent 15.0km
Freshwater State School Primary Prep-6 Government 15.3km
Freshwater Christian College Combined Prep-12 Independent 16.5km
St Andrew's Catholic College Redlynch Valley Combined Prep-12 Catholic 17.6km
Redlynch State College Combined Prep-12 Government 18.0km
Edge Hill State School Primary Prep-6 Government 19.0km
FNQ Vocational Academy Secondary Government 21.2km
The BUSY School Secondary 11-12 Independent 21.2km
Cairns School of Distance Education Combined Prep-12 Government 21.2km
Mooroobool Silver Lining School Secondary Independent 21.2km
Trinity Bay State High School Secondary 7-12 Government 21.2km
Cairns State High School Secondary 7-12 Government 21.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.