348/305-341 Coral Coast Drive, Palm Cove, QLD 4879 | Property Value & History | OnTheHouse
OFF MARKET

348/305-341 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 173m2
Land area: 173m2
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Property Details for 348/305-341 Coral Coast Dr, Palm Cove

348/305-341 Coral Coast Dr, Palm Cove is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 173m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1974
Floor Size
173m2
Land Size
173m2
Local Government
Cairns Regional
Lot/Plan
128/BUP70885

Last Listing description (December 2024)

This spacious top floor Red Cowrie penthouse in the best location in Coral Coast Resort, has been renovated and is ready to be your next home or lucrative investment.
Located in a well-established residential resort complex in Palm Cove, only a few minutes' walk to the famous Williams Esplanade with award winning restaurants, cafes', boutiques, and bars.

This apartment has been lovingly owner occupied and is located on the top floor with 2 lift access. It offers a stunning south easterly aspect with mountain, pool and canopy views, watch the magnificent bird life and the wallabies down below.

It is vacant and ready to move in.

Features:

- 173m2 apartment with designated undercover parking and lockable storage unit
- Renovated throughout
- Abundance of storage
- Versatile layout with 2 living areas
- Renovated kitchen with quality appliances
- Main bedroom with ensuite and 3 full sized built in robes
- 2 double bedrooms with built in robes and air-conditioning
- Pampering main bathroom with spa bath and step in shower
- All-weather full-length balcony
- Separate laundry internal laundry
- 4 resort pools and easy access to a world class gym
- Plenty of extra parking
- Moderate corporate fees $11,083.12 per year which includes sinking fund, administration fund and insurance levies
- Sinking fund balance $815,692.70 in Credit
- Administration fund balance $152,318.94 in Credit

Flexible resort that is perfect for residential, short term/holiday let and long-term rental.

Call Shira David Stern on 0428 807 757 for more information.

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Property History for 348/305-341 Coral Coast Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$610,000
06 Nov 2024
Listed for Rent
$290/w
19 Jun 2020
  • 06 Nov 2024
    Sold for $610,000
  • 27 Jun 2024
    Listed for Sale SOLD BY SHIRA DAVID STERN
  • 02 Jun 2022
    Listed for Sale Offers Over $270,000
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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 2,854 properties. Over the last 5 years, Houses in Palm Cove have seen a 55.67% increase in median value, while Units have seen a 72.50% increase. As at 31 August 2026:

  • The median value for Houses in Palm Cove is $1,209,460 while the median value for Units is $630,181.
  • Houses have a median rent of $895 while Units have a median rent of $578.
There are currently 51 properties listed for sale, and 17 properties listed for rent in Palm cove on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Palm cove.

Suburb Insights for Palm Cove 4879

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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.