38/111-117 Williams Esplanade, Palm Cove, QLD 4879 | Property Value & History | OnTheHouse
OFF MARKET

38/111-117 Williams Esplanade
Palm Cove QLD 4879

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 142m2
Land area: 142m2
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Property Details for 38/111-117 Williams Esp, Palm Cove

Building Type
Commercial
Year Built
1992
Floor Size
142m2
Land Size
142m2
Local Government
Cairns Regional
Lot/Plan
38/BUP71223

Last Listing description (September 2023)

This is a rare opportunity for an energetic and creative owner/operator to grow even more, an established walk in, lease hold only business in the centre of Palm Cove also known as the Spa Capital of Australia. Located in the Palm Cove Village this Massage and Wellness Boutique Sanctuary, overlooks the Coral Sea on Palm Cove's Williams Esplanade. Approximately 54m2 with a big double rotunda treatment room used for couples and for single treatments, another single room which is also used for all treatments. The waiting area overlooks the Palm Cove beach, the dressing area has 4 lockers, convenient for clients to change into their robes. Your own private shower facilities. Recently refurbished and repainted throughout with brand new flooring and curtains. The business comes with a long and attractive lease in place. Currently the number 1 SPA on Tripadvisor, with over a 5000 plus client base. Walk-in-walk-out with sole rights to the the brand, all signage, the website, Facebook page, Tripadvisor page, instagram and all data based clients.

Property History for 38/111-117 Williams Esp, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$460,000
04 May 2004
Listed for Rent
03 Dec 2015
  • 10 Nov 2022
    Listed for Sale Contact Agent
  • 04 Aug 2015
    Listed for Rent - Price not available
  • 28 Nov 2014
    Listed for Rent - Price not available
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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 65.40% increase in median value, while Units have seen a 91.10% increase. As at 31 July 2026:

  • The median value for Houses in Palm Cove is $1,224,282 while the median value for Units is $626,885.
  • Houses have a median rent of $875 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, 170 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.