24/10-14 Amphora St, Palm Cove is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2005.
The Reef Retreat is one of Palm Coves hidden secrets this award winning boutique resort is surrounded by paperbark trees, and is only 50 metres from the beach. Fall in love strolling along the local beach front markets, cafes, bars, restaurants and the iconic Palm Cove Jetty.
Offering the opportunity to be owner occupied but also a great investment with profitable returns this is a perfect investment opportunity for first time buyers, or experienced investors thanks to the combination of beach location, high demand and occupancy rates, affordability and the stable on site management team.
STAND OUT FEATURES INCLUDE:
- Fully furnished
- Third Floor 3-Key Apartment
- Private balconies
- High annual occupancy rates and good rental returns
- Holiday let accommodation
- Undercover parking
- Heated resort swimming pool with spa and huge sun deck.
- BBQ Facilities and extensive alfresco entertainment area, and pool bar
- On Site Tour and Excursion Booking Desk, wireless internet, guest laundry
- Visit www.reefretreat.com.au
Body Corporate Fees: $18,676/year including bills
Financials available on request.
Call Alex now to book your exclusive private inspection.
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 2,885 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:
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