Lot 4 Triton St, Palm Cove, QLD 4879 | Property Value & History | OnTheHouse
OFF MARKET

Triton Street
Palm Cove QLD 4879

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Property Details for Lot 4 Triton St, Palm Cove

Building Type
Land
Local Government
Cairns Regional
Lot/Plan
4/SP147763

Last Listing description (July 2018)

Rare Large BEACHFRONT DEVELOPMENT SITE W/ Development Permit

Its no secret that Australia is home to some of the most beautiful coastlines in the world. With world class rolling oceans, endless stretches of white sand and dense, untouched forests, our natural wonders are truly unlike any other. At Palm Cove in Far North Queensland, this very rare development site will bring this beauty to your doorstep- quite literally. The site will allow guests of the development to experience the tranquil beauty of this countrys most beautiful landscapes by simply stepping outside their front door.This is an opportunity that should not be missed with an exciting boom in tourism and major developments in hotels and tourism across the Far North. With an abundance of incredible restaurants, shopping facilities and other lifestyle opportunities that you would expect close to a beachfront property development of this calibre. Palm Cove perfectly interlaces tranquility and vibrance, energy and relaxation. This is what makes this beachfront property one of the most specatular in the world; you get all the perks of suburban living amongst the backdrop of the tropical North Queensland, and the worlds, most incredible landscapes.A few important features of this stunning property;LOT 4 TRITON STREET, PALM COVEGENERAL LOCATION;This exquisite, absolute beachfront, vacant development site is located at Palm Cove, approximately 27kms north of the Cairns CBD.Situated just 30 minutes north of the Cairns International Airport, Palm Cove is a premier tourist destination that has earned an international reputation as a place to relax and rejuvenate. With its village atmosphere, the sophisticated beachside hub of Palm Cove is an intimate blend of residential dwellings, award-winning restaurants, internationally renowned day spas and world-class resorts.This prime development site is located on Triton Street, strategically situated at the southern end of Palm Cove between the Alamanda Palm Cove Resort and Spa, and the Pullman Palm Cove Sea Temple Resort and Spa.The opportunity to acquire vacant, absolute beachfront land in one of the worlds most picturesque tourist destinations is more than rare!SITE SPECIFIC INFORMATIONStreet Address: Triton Street, Palm CoveReal Property Description: Lot 4 on SP147763 County of Nares Parish of SmithfieldLand Area: 18,520m2 approx.Land Dimensions: Approximate Frontage Dimensions:Triton Street 174m Beach Front 109m Northern Boundary 135m Southern Boundary 131m Please refer to the attached Registered PlanLand Elevation: The general level of Triton Street is circa AHD 3.5m to 4.0mThe existing land levels range between AHD 1.5m to 2.0m Please refer to the attached Detail and Level SurveyRoads and Access: Triton Street is a formed Cairns Regional Council road with interlocking concrete pavers with concrete kerb and channel. Direct vehicular access from the Captain Cook Highway is via Palm Cove Boulevard or Veivers Road.Utility Services: Cairns Regional Council services to the land include Water, Sewer and Refuse Collection Electricity is available via Ergon Energy Telstra services are availableZoning: Tourist Accommodation Zone under the Cairns Plan 2016Code AssessableDevelopment: Multiple Dwellings (Apartments) Short term Accommodation (International Hotel) Including Ancillary Uses such as Gym, Spa, Coffee Shop, RestaurantMaximum GFA: 1.2 x Site Areai.e. 22,224m2 for Multiple Dwellings and Short Term Accommodation

Property History for Lot 4 Triton St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$8,800,000
12 Oct 2022
  • 13 Sep 2017
    Listed for Sale FNQ Development Opportunity $10 Million Plus GST
  • 16 Mar 2017
    Listed for Sale 10,000,000
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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 2,855 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 56 properties listed for sale, and 8 properties listed for rent in Palm cove on OnTheHouse. According to Cotality's data, 177 properties were sold in the past 12 months in Palm cove.

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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.