2/109 Upolu Esplanade, Palm Cove, QLD 4879 sold on 10 January 2026 | OnTheHouse
SOLD
Sold on 10 Jan 2026 for $1,135,000

2/109 Upolu Esplanade
Palm Cove QLD 4879

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 606m2
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Property Details for 2/109 Upolu Esp, Palm Cove

Building Type
Land
Year Built
2018
Land Size
606m2
Local Government
Cairns Regional
Lot/Plan
2/SP184855

Last Listing description (June 2026)

At Palm Cove, youre not simply purchasing landyoure securing a rare piece of paradise and building a lasting legacy.
Set along the pristine, palm-fringed beachfront of Upolu Esplanade, this exclusive residential allotment offers a once-in-a-lifetime opportunity to build your ultimate architectural masterpiece. Wake to the soothing rhythm of the Coral Sea, gaze out toward the iconic jetty, Double Island and embrace a sophisticated, coastal lifestyle grounded in wellness, serenity, and unparalleled natural beauty.

But what truly sets this premier address apart is its remarkable dual appealoffering both immediate lifestyle prestige and exceptional long-term financial foresight.

Whether you choose to design a refined private holiday retreat, a secure lock-and-leave tropical escape, or a multi-generational sanctuary, this rare land holding is designed for maximum flexibility. For investors, a bespoke luxury residence in this world-class enclave stands as a high-performing asset in a thriving elite tourism market, positioned to capture strong short-stay demand and premium rental yields when you are not in residence.

Why this premium Palm Cove address stands out:

Absolute lifestyle positioning One of the very final vacant residential beachfront parcels in this highly coveted, world-renowned village.

Boutique and exclusive An incredibly rare, blue-chip land footprint offering absolute freedom to construct a bespoke architectural marvel.

Strategic growth location Ideally positioned in Australias premier tropical tourist destination, a tightly held market where values continue to climb.

Strong income potential High short-stay demand for ultra-luxury Palm Cove accommodation promises substantial projected yields on a finished build.

Tourism-driven market Benefiting from an influx of high-net-worth global travellers and increasing local demand for premium residential experiences.

Effortless lifestyle future Secure entry into a premium market with top-tier local management available to simplify your build-and-rent journey.

This allotment represents an early-entry opportunity into the next evolution of tropical luxury, where international appeal continues to drive demand and elevate property values.

This is where lifestyle meets legacywhere you can build by the water, capture unforgettable horizons, and watch your investment grow over time. At Palm Cove, you dont have to choose between enjoying your investment and benefiting from ityou can do both.

Call today for your private inspection and site tour.

FOR SALE: Inviting expressions of interest in the vicinity of $1.5 Million

CONTACT: Trevor Gard 0418 181 677 Peter Mack 0428 724 954 Esther Kim 0451 127 312

More information and photos coming soon.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Property History for 2/109 Upolu Esp, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$1,135,000
10 Jan 2026
  • 17 Jun 2026
    Listed for Sale Expressions of interest at $1.5m
  • 10 Jan 2026
    Sold for $1,135,000
  • 09 May 2025
    Listed for Sale Under contract
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About 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 2,883 properties. Over the last 5 years, Houses in Palm Cove have seen a 68.00% increase in median value, while Units have seen a 96.25% increase. As at 30 June 2026:

  • The median value for Houses in Palm Cove is $1,227,683 while the median value for Units is $635,854.
  • Houses have a median rent of $870 while Units have a median rent of $560.
There are currently 55 properties listed for sale, and 5 properties listed for rent in Palm cove on OnTheHouse. According to Cotality's data, 176 properties were sold in the past 12 months in Palm cove.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.