2/69 Terebra St, Palm Cove is a 5 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 5 bedroom Unit sold in Palm Cove in the last 12 months.
Just minutes from the sparkling shores of Palm Cove, this rare full duplex offers an exceptional investment or lifestyle opportunity. Featuring a 3-bedroom, 1-bath residence on one side and a 2-bedroom, 1-bath residence on the other, this property is perfect for dual living, rental income, or a smart renovation project.
Each unit enjoys access to its own swimming pool, creating the ultimate tropical retreat. Set on a generous block, the property also includes plenty of off-street parking and a large shed, ideal for storage, hobbies, or workspace.
Please note: the home has not been lived in for two years and will require some TLC to restore it to its former glory-offering huge potential for those ready to roll up their sleeves and transform it into a coastal gem.
Whether you're an investor, renovator, or family dreaming of the Palm Cove lifestyle, this duplex is your chance to secure a high-value asset in one of the region's most sought-after beachside locations.
IN-ROOM AUCTION
When: Monday, 23rd February 2026
Where: The Bluewater Bar & Grill - The Lighthouse Room
Time: From 5:30pm
Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/LlOgn
**Disclaimer - Ray White Cairns & Beaches and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.
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:
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