108/2 Oliva St, Palm Cove is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 117m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Apartment sold in Palm Cove in the last 12 months.
Set within the exclusive and highly regarded 'Elysium Apartments' complex in Palm Cove, The Ray Murphy Team proudly presents this sophisticated dual key residence, offering a refined coastal lifestyle with outstanding flexibility and strong investment appeal. Showcasing a contemporary design that maximises natural light, space and airflow, this is an exceptional opportunity for both lifestyle buyers and astute investors alike.
Offered fully furnished with quality inclusions, the apartment delivers true versatility. Whether utilised as a permanent residence, a secure long term investment, or a high performing holiday let, the property caters to a range of ownership goals. With professional onsite management in place, it also presents a seamless, low maintenance 'set and forget' investment, while still allowing you to enjoy your own tropical retreat when desired.
One Bedroom Apartment
Studio Apartment
• Well-appointed studio with private balcony
• Bathroom with walk-in shower and dual shower heads
• Split system air conditioning
Additional Features
• Resort style inground swimming pool with spa and BBQ area set amongst landscaped tropical gardens
• Secure allocated car accommodation plus enclosed storage
• Lift access within the complex
• Dual key configuration providing multiple income streams
• 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. Renowned 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. Contact 'The Ray Murphy Team' today to register your interest!
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.
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 2,878 properties. Over the last 5 years, Houses in Palm Cove have seen a 69.03% increase in median value, while Units have seen a 96.96% increase. As at 30 April 2026:
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