Lot 42 - Eight Palm Cove - Palm Cove
Palm Cove, Cairns, QLD, 4879$ 549,000
- Apartment
- Property Type
- 1
- Bedrooms
- 1
- Bathrooms
- 0
- Cars
- N/A
Details
Updated on Aug 13, 2026
| Property Type: | Apartment |
|---|---|
| Secondary Type: | FIRB SMSF |
| Price: | $ 549,000 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 560 |
| Gross Per Annum: | $ 29,120 |
| Gross Yield: | 5.3% |
| Capital Growth 12 Months: | 21.05% |
| 10Yr Annualised Growth: | 6.93% |
| Vacancy Rate: | 1.42% |
| Property Size: | N/A |
| Land Area: | N/A |
|---|---|
| Bedrooms: | 1 |
| Bathrooms: | 1 |
| Parking: | N/A |
| Title Status: | N/A |
| Property ID: | 34370 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Eight Palm Cove is currently undergoing a substantial full refurbishment and remains under construction at this stage.
Eight Palm Cove presents a rare opportunity to secure a hands-off fully managed, income producing asset within the heart of Palm Cove.
Comprising of a collection of studio and one-bedroom residences, designed to deliver both lifestyle appeal and long-term investment performance.
Hidden between ancient rainforest and the Coral Sea, Eight Palm Cove is where architecture, nature, and luxury exist in effortless harmony. Inspired by timeless Hamptons elegance and relaxed Australian beachside living, this boutique, low-density retreat offers light-filled spaces, lush greenery, and understated sophistication.
- The pool precinct combines sunlit lounging spaces with a relaxed poolside bar.
- A dedicated wellness sanctuary features a sauna, ice bath, and rainforest shower.
- Premium on-site concierge and reception services delivering a seamless guest experience.
- Just a 2-minute stroll to Palm Cove’s exclusive beachfront esplanade, offering an exceptional selection of cafe’s , restaurants, and boutique village amenities.
- A 20 Minute drive from Cairns Airport, effortless access to world-renowned natural attractions including the Daintree Rainforest and the Great Barrier Reef.
- Rental - 5% gross rental return providing income certainty.
- Positioned within one of Australia’s strongest coastal tourism markets.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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Read More »Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract