106/2 Oliva Street, Palm Cove, Qld 4879

Offers over $629,000

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Thursday, June 04, 2026 ( See property details for 106/2 Oliva Street, Palm Cove, Qld 4879)

Offers over $629,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This fully furnished two-bedroom apartment in Palm Cove offers a prime coastal lifestyle with secure income, resort-style amenities, and excellent future investment potential.

🏡 Property Highlights

  • Prime location just 150 metres from Palm Cove Beach and Esplanade
  • Fully furnished, self-contained apartment ready for immediate occupancy
  • Secure investment with tenant in place until September 2026 earning $660/week
  • Resort-style amenities including swimming pool and sun deck
  • Modern kitchen with quality appliances and spacious open-plan living
  • Secure undercover parking and private storage cage
  • Lift access for convenience and accessibility
  • Strong seasonal demand within the complex
  • Ideal for investors seeking immediate rental income and future flexibility
  • Positioned within the popular Elysium Apartments complex in Tropical North Queensland

✨ Key Features

  • Fully furnished and self-contained
  • Two bedrooms and two bathrooms
  • Spacious open-plan living and dining
  • Modern kitchen with quality appliances
  • Secure undercover car accommodation
  • Private storage cage
  • Lift access
  • Resort-style swimming pool and sun deck
  • Tenant in place until 3 September 2026
  • Currently returning $660 per week

Palm Cove is a highly sought-after coastal suburb renowned for its pristine beaches, vibrant Esplanade with cafes and boutiques, and relaxed tropical lifestyle. The area offers excellent investment opportunities, proximity to natural attractions, and a strong holiday rental market, making it ideal for both lifestyle and income-focused buyers.

What is the current rental income and lease term for this property?
The property is leased until 3 September 2026 at $660 per week, providing a secure and ongoing income stream.
What amenities are available within the complex?
Residents and guests enjoy access to a resort-style swimming pool, sun deck, lift access, secure undercover parking, and private storage cage.
Is the property fully furnished and move-in ready?
Yes, the apartment is fully furnished and self-contained, making it suitable for immediate occupancy or rental.
What are the annual outgoings for the property?
The approximate annual outgoings are $12,434 for body corporate levies, $3,267 for council rates, and $428 for water charges.
How close is the property to Palm Cove Beach and local amenities?
The property is approximately 150 metres from Palm Cove Esplanade and beach, with cafes, restaurants, and boutiques within a short stroll.
Are there any upcoming or planned developments in the vicinity that could affect the property's value or lifestyle? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been inspected for structural issues or defects, and are there any known maintenance concerns? What are the strata or body corporate fees, and are there any special levies planned? Is the property located in a flood or bushfire-prone area, and what risk mitigation measures are in place? Are there any zoning restrictions or planning overlays that could affect future development or use? Are there any ongoing or upcoming construction projects nearby that could cause noise or disruption? What are the terms of the current lease, and are there any conditions or restrictions for future tenants? Are there any additional costs or fees not included in the listed outgoings? Is the property compliant with all local building codes and regulations, including safety standards?

106/2 Oliva Street, Palm Cove, Qld 4879 - More Details

Offers over $629,000

Type
Apartment
Bedrooms
2
Bathrooms
2
Parkings
1

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