7/5-7 Amphora St, Palm Cove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 111m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Palm Cove in the last 12 months.
Positioned just 50 metres from the iconic, award-winning Palm Cove Esplanade and palm-fringed beach, this beautifully presented 120 sqm, light-filled two-bedroom, two-bathroom apartment delivers a true turnkey opportunity-ready to holiday let, lease immediately, or move straight in. Set within a well-maintained, lift-accessed resort-style complex and framed by a natural treeline, the apartment offers the rare combination of leafy privacy, immediate beach access, and walk-to-everything convenience. The generous master suite includes an ensuite, while the large private balcony captures cooling tropical breezes. Adding to the lifestyle appeal, coffee at Vivo's is just a two-minute stroll away.With a furnished rental appraisal of $730 per week, secure garaging, and quality inclusions throughout, the property is investment-ready from day one. Equally appealing to relocators or downsizers, it presents a low-maintenance, lock-and-leave coastal home just steps from the beach, cafs, and restaurants. - Turnkey apartment ready for holiday letting, long-term rental or immediate owner-occupier use- Spacious 2-bedroom, 2-bathroom layout (approx. 120 sqm) with secure lock-up garage- Only 50 metres to Palm Cove Esplanade, beach, cafs and restaurants- Elevated, private balcony surrounded by lush natural treeline and tropical breezes- Light-filled interiors with fresh white paint and tiled flooring throughout- Generous master suite with built-in wardrobes and modern ensuite- Second bedroom with built-in wardrobes and excellent natural light- Full-sized chef's kitchen with stone benchtops, dishwasher and quality appliances- Daikin air conditioning throughout for year-round comfort and tenant appeal- Separate internal laundry ideal for longer stays and permanent living- Lift access within the complex plus additional balcony storage- Sold fully furnished, allowing immediate income generation or effortless move-in- Proven investment with furnished rental appraisal of $730 per week- Value-driven body corporate fees, and a well managed body corporate committee- Resort-style shaded swimming pool set within landscaped tropical gardens- Fibre-to-the-premises (FTTP) currently being installed, future-proofing connectivity- Approximately 25 minutes to Cairns International Airport- Around 10 minutes to James Cook University (Smithfield Campus) and Smithfield Shopping CentreThis is a rare, low-friction acquisition-a high-demand Palm Cove property delivering immediate income for investors, while remaining perfectly suited to downsizers, sea-changers, or relocators seeking a premium, low-maintenance coastal lifestyle.
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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