85-93 Williams Esplanade, Palm Cove, QLD 4879 | Property Value & History | OnTheHouse
OFF MARKET

85-93 Williams Esplanade
Palm Cove QLD 4879

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 2967m2
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Property Details for 85-93 Williams Esp, Palm Cove

85-93 Williams Esp, Palm Cove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 2967m2 and floor size of 48m2.

Building Type
Unit
Year Built
1985
Floor Size
48m2
Land Size
2967m2
Local Government
Cairns Regional
Lot/Plan
1/BUP70491

Last Listing description (December 2022)

ResortBrokers proudly and exclusively present to the market the opportunity to purchase the exclusive management rights and premium real estate of Melaleuca Resort, Palm Cove. Boasting a healthy net profit after trading favourably through Covid, Melaleuca Resort is perfectly positioned to take advantage of the tourism resurgence. First time offered for sale in 15 years and will appeal to those seeking a great return on investment and the ability to be able to live the beachfront dream in one of Far North Queensland's premium tourist destinations.

- Absolute beachfront location in beautiful Palm Cove
- First time offered for sale in 15 years
- 2 bedroom, 2 bathroom residence in manager's unit with Coral Sea views
- Lagoon style pool surrounded by beautiful tropical gardens
- Large poolside BBQ and dining pavilion
- Long 23 year Body Corp agreement
- Healthy Body Corp salary
- Very supportive committee in place
- All units self contained, including private laundry
- Refurb (10%) and advertising (5%) monthly contributions from all lots in pool
- Pre-covid net profit figure consistently exceeding $200k
- Property inspections are by appointment only

Property History for 85-93 Williams Esp, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Listed for Rent
$290/w
01 Feb 2021
  • 01 Dec 2022
    Listed for Sale $1,450,000
  • 01 Feb 2021
    Listed for Rent $290 / week
  • 27 Apr 2020
    Listed for Rent $290 / week
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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 2,879 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.
There are currently 40 properties listed for sale, and 25 properties listed for rent in Palm cove on OnTheHouse. According to Cotality's data, 180 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.