Lot 7 - Eight Palm Cove - Palm Cove

Palm Cove, Cairns, QLD, 4879

$ 585,000

Palm Cove, Cairns, QLD, 4879
Lot 7 - Eight Palm Cove - Palm Cove-0
Lot 7 - Eight Palm Cove - Palm Cove-1
Lot 7 - Eight Palm Cove - Palm Cove-2
Lot 7 - Eight Palm Cove - Palm Cove-3
Lot 7 - Eight Palm Cove - Palm Cove-4
Lot 7 - Eight Palm Cove - Palm Cove-5
Lot 7 - Eight Palm Cove - Palm Cove-6

Property Images

Lot 7 - Eight Palm Cove - Palm Cove-0 Lot 7 - Eight Palm Cove - Palm Cove-1 Lot 7 - Eight Palm Cove - Palm Cove-2 Lot 7 - Eight Palm Cove - Palm Cove-3 Lot 7 - Eight Palm Cove - Palm Cove-4 Lot 7 - Eight Palm Cove - Palm Cove-5 Lot 7 - Eight Palm Cove - Palm Cove-6
  • Apartment
  • Property Type
  • Studio
  • Bedrooms
  • 1
  • Bathrooms
  • 0
  • Cars
  • N/A

Details

Updated on Jun 19, 2026

Property Type: Apartment
Secondary Type: FIRB SMSF
Price: $ 585,000
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 560
Gross Per Annum: $ 24,960
Gross Yield: 4.98%
Capital Growth 12 Months: 21.05%
10Yr Annualised Growth: 6.93%
Vacancy Rate: 1.72%
Property Size: N/A
Land Area: N/A
Bedrooms: Studio
Bathrooms: 1
Parking: N/A
Title Status: N/A
Property ID: 28567
SKU: 1001
Sold:

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

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.
Address Lot 7 - Eight Palm Cove - Palm Cove
City Cairns
State QLD
Postcode 4879
Suburb Palm Cove

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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

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