23/81-85 Cedar Rd, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 118m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Apartment 23 offers direct access to the resort pools and short stroll to the beach. Showing solid investment returns. The flexible dual key arrangement provides for 2 rental incomes, as it can be rented out as a 2 Bed/ 2 Bath Apartment or a 1 Bed Apartment and a 1 Bed studio apartment.
Walking distance from Palm Cove foreshore, restaurant precincts, public transport and health centre. The apartment offers the secluded retreat with access to close by conveniences. 20 minutes from Cairns International Airport and 40 minute drive to Port Douglas, this apartment is perfectly located for all of what North Queensland has on offer.
Apartment Features at a glance:
Ground Floor close to reception and on site cafe
2 Bedrooms 2 Bathrooms (Dual-key)
Fully Furnished
Full Kitchen and Laundry facilities
Balcony access to swimming pools
Louvres for total privacy
Resort Facilities:
4 Lagoon Style Pools
On site management
2.5 acres of lush tropical gardens
Wellness Spa
5 minute stroll to the beach
Extensive Tour Desk
Strong repeat visitor business
Body Corporate approx. $8,400 pa
Council rates approx. $2,400 pa
Note** This complex is not suitable for long term owner residency
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 2,877 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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