88 Cedar RoadPalm Cove QLD 4879
Property Details for 88 Cedar Rd, Palm Cove
88 Cedar Rd, Palm Cove is a 3 bedroom, 2 bathroom DuplexSemi-detached. The property has a land size of 792m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom DuplexSemi-detached sold in Palm Cove in the last 12 months.
Last Listing description (July 2025)
Positioned just a short stroll from the iconic Palm Cove Esplanade, 88 Cedar Road presents an exceptional opportunity for developers, investors, or owner-occupiers seeking blue-chip potential in one of Far North Queensland's most desirable beachside suburbs.
Set on a generous 792m² block and zoned Multi Unit Dwelling, this full duplex offers endless possibilities. Whether you're looking to develop, renovate, or build your dream home, this rare property ticks all the boxes.
Currently configured as a duplex, the property features:
A 2-bedroom, 1-bathroom residence on one side
A 1-bedroom, 1-bathroom residence on the other
Live in one and rent the other, lease both for passive income, or completely redevelop the site into a luxury residence or boutique townhouse complex (STCA). The surrounding area is home to multi-million dollar properties, award-winning restaurants, and the serene beauty of the Melaleuca tree-lined Esplanade-ensuring your investment is surrounded by strong capital growth and lifestyle appeal.
Just a few hundred metres from the beach, this is your chance to secure a piece of paradise with untapped development potential in the heart of Palm Cove.
Opportunities like this are rare - act now to unlock the full potential of 88 Cedar Road.
Call Shane to book your private inspection.
The numbers that matter:
- No BC fees
- Rental income unit 1 $350pw lease ends 31 Oct '25
- Rental income unit 2 $500pw lease ends 14 Nov '25
- Council rates approx. $3500pa
**Disclaimer - Ray White Cairns & Beaches and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.
Property History for 88 Cedar Rd, Palm Cove, QLD 4879
- 26 Jun 2025Sold for $785,000
- 30 Apr 2025Listed for Sale Offers in the $800,000's
- 15 Jun 2018Listed for Rent $260 / week
Recent sales nearby
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0About 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 2,884 properties. Over the last 5 years, Houses in Palm Cove have seen a 72.29% increase in median value, while Units have seen a 90.40% increase. As at 31 May 2026:
- The median value for Houses in Palm Cove is $1,243,511 while the median value for Units is $619,124.
- Houses have a median rent of $878 while Units have a median rent of $578.
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