8/71 Williams EsplanadePalm Cove QLD 4879
Property Details for 8/71 Williams Esp, Palm Cove
Last Listing description (August 2024)
Welcome to an exceptional opportunity on the renowned Williams Esplanade, nestled in the heart of Palm Cove. This prime commercial retail shop boasts an enviable location with unparalleled pedestrian and vehicular exposure, making it the perfect front for a variety of commercial ventures.
Offered to the market for sale, this versatile property presents options aplenty. Whether seeking immediate occupancy or preferring a secure investment with an existing tenant, the choice is yours. The owner is open to either scenario, offering the flexibility of vacant possession or the security of a 3 x 3-year lease at $54,400 per annum plus outgoings.
With its strategic location and flexible terms, this property is poised to fulfill the aspirations of entrepreneurs and investors alike. Act swiftly, as opportunities of this caliber seldom linger. For further details and to receive a comprehensive information memorandum, contact David Murphy today.
Property History for 8/71 Williams Esp, Palm Cove, QLD 4879
- 10 Jul 2024Sold for $610,000
- 08 May 2024Listed for Sale SOLD! Another Wanted
- 01 Mar 2019Sold for $484,000
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About Palm Cove 4879
The size of Palm Cove is approximately 3.6 square kilometres. It has 11 parks covering nearly 24.5% of 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 2,882 properties. Over the last 5 years, Houses in Palm Cove have seen a 69.90% increase in median value, while Units have seen a 105.01% increase. As at 31 January 2026:
- The median value for Houses in Palm Cove is $1,172,366 while the median value for Units is $645,006.
- Houses have a median rent of $850 while Units have a median rent of $550.
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