Palm Cove Investment with 5.30% Long-Term Yield & Strong Short-Stay Potential PALM COVE QLD

Description

Positioned in one of Far North Queensland’s most recognised coastal destinations, this stylish Level 1 apartment combines resort-style living with a compelling rental proposition. Apartment 44 offers an open-plan design with one bedroom, one bathroom and one car space, with approximately 42m² of total area and a desirable north-north-west aspect.

Property Highlights
- 1 bedroom
- 1 bathroom
- 1 car space

Level 1 position
- North-north-west aspect
- Approx. 42m² total area
- Open-plan layout
- Air-conditioned throughout
- Contemporary coastal finishes
- Professionally managed investment option
- Resort-style swimming pool
- Landscaped tropical surrounds
- Poolside entertaining and BBQ areas
- Wellness facilities
- Easy access to Palm Cove beachfront, cafés and restaurants

Investment Snapshot
- Estimated long-term rent: $560 per week
- Indicative long-term gross yield: 5.30%
- Indicative short-term return at 60% occupancy: $968.65 per week
- Indicative short-term rental yield: 9.17%
- Weekly levy: $126.56
The flexibility to consider either a traditional long-term rental strategy or professionally managed short-stay accommodation gives investors the ability to choose an approach that suits their objectives.

Quality Coastal Interiors
The apartment specification includes premium integrated appliances, custom shaker-style cabinetry, 40mm stone benchtops, natural timber and stone elements and brass detailing, creating a relaxed contemporary coastal feel.

Resort-Style Lifestyle
Residents and guests can enjoy a central swimming pool with sun lounging areas, poolside dining, landscaped tropical gardens, on-site reception and a dedicated wellness area incorporating a sauna, ice bath and rainforest shower.

Why Palm Cove?
Palm Cove is positioned between Cairns and Port Douglas, approximately 25 minutes from Cairns Airport, and provides easy access to two of Australia’s most recognised natural attractions — the Great Barrier Reef and Daintree Rainforest.
Its beachfront village combines restaurants, cafés and tropical lifestyle amenity with strong domestic and international visitor appeal.

For investors, Apartment 44 offers an attractive combination of coastal lifestyle, professional management and multiple rental strategies, with indicative yields of 5.30% for long-term rental and up to 9.17% for short-stay accommodation based on the supplied assumptions.

Disclaimer:
All images, renders, and plans are for illustrative purposes only and may not represent the final product. Prices, availability, and specifications are subject to change without notice. Any information provided is of a general nature and should not be considered financial or legal advice. The listing agent or agency does not accept responsibility for any inaccuracies, errors, or omissions in this advertisement. Interested parties are encouraged to conduct their own research and seek independent advice before making any purchasing decisions. Final inclusions, dimensions, and finishes may vary.