2/26-28 Oliva St, Palm Cove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 57m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 1 bedroom Unit sold in Palm Cove in the last 12 months.
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, cafs, 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.
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 2,853 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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.