106/2 Oliva StreetPalm Cove QLD 4879
Property Details for 106/2 Oliva St, Palm Cove
106/2 Oliva St, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 110m2 and floor size of 86m2.This Property is currently listed for sale with Raine & Horne Palm Cove
Last Listing description (June 2026)
Positioned just moments from the golden sands of Palm Cove Beach, this fully furnished two-bedroom apartment offers the perfect combination of lifestyle, convenience and immediate rental income in one of Tropical North Queensland's most sought-after destinations.
Located within the popular Elysium Apartments complex, the apartment enjoys a relaxed coastal setting just a short stroll from Palm Cove's vibrant Esplanade, where cafs, restaurants, boutiques and beachfront dining await.
Currently leased until 3 September 2026 at $660 per week, the property provides a secure income stream from day one while offering future flexibility for investors seeking a quality beachside asset.
Beautifully presented and offered fully furnished, the apartment features two generous bedrooms, two bathrooms, a modern kitchen, spacious open-plan living, lift access, secure undercover parking and a private storage cage.
Residents and guests enjoy access to the resort-style pool and sun deck, creating the perfect tropical retreat just moments from the beach.
Features include:
Fully furnished and self-contained
Two bedrooms and two bathrooms
Spacious open-plan living and dining
Modern kitchen with quality appliances
Secure undercover car accommodation
Private storage cage
Lift access
Resort-style swimming pool and sun deck
Tenant in place until 3 September 2026
Currently returning $660 per week
Strong seasonal demand within the complex
Approx. 150 metres to Palm Cove Esplanade and beach
Outgoings:
Body Corporate Levies: Approx. $12,434 per annum (if paid on time)
Council Rates: Approx. $3,267 per annum
Water Charges: Approx. $428 per annum
Whether you're looking to expand your investment portfolio or secure a premium Palm Cove property in a tightly held beachside location, this apartment represents an outstanding opportunity to purchase a quality asset with income already in place.
Inspection by appointment
Property History for 106/2 Oliva St, Palm Cove, QLD 4879
- 03 Jun 2026Listed for Sale Offers over $629,000
- 31 Jul 2025Listed for Sale Offers Over $619,000
- 02 Apr 2020Listed for Sale $299,000
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0About Palm Cove 4879
The size of Palm Cove is approximately 3.6 square kilometres. There are 11 parks, covering nearly 24.5% of the total area. The population of Palm Cove in 2016 was 2059 people. By 2021 the population was 2450 showing a population growth of 19.0% in the area during that time. The predominant age group in Palm Cove is 60-69 years. Households in Palm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Cove work in a professional occupation.In 2021, 66.80% of the homes in Palm Cove were owner-occupied compared with 57.10% in 2016.
Palm Cove has 2,855 properties. Over the last 5 years, Houses in Palm Cove have seen a 65.40% increase in median value, while Units have seen a 91.10% increase. As at 31 July 2026:
- The median value for Houses in Palm Cove is $1,224,282 while the median value for Units is $626,885.
- Houses have a median rent of $875 while Units have a median rent of $578.
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