1/8 CORAL COAST DRIVE, Palm Cove
Listing data updated 6 July 2026
0 bed1 bath1 car
- Eight Palm Cove | A Luxury Resort Investment Designed to Perform The strongest property investments are rarely purchased once everyone is talking about them. They're secured while the opportunity is still taking shape. Eight Palm Cove represents one of those rare opportunities. Currently undergoing a complete luxury transformation, this boutique resort redevelopment offers investors the chance to secure a premium, professionally managed apartment before completion in one of Tropical North Queensland's most recognised lifestyle destinations. Why Investors Are Paying Attention Unlike traditional residential apartments, Eight Palm Cove has been purpose-built for investment ownership. Owners enjoy the benefits of individual strata title while professional on-site management oversees the day-to-day operation of the resort, creating a genuinely low-maintenance investment. Investment highlights include: Investment Options Studio Apartments from $499,000 One-Bedroom Apartments from $649,000 ✔ Estimated 5% gross rental yield ✔ Professionally managed resort ✔ Individual strata title ownership ✔ Designer furniture package mandated ✔ Turnkey investment ready for guest accommodation ✔ Owners may enjoy limited personal stays throughout the year ✔ Boutique low-density luxury development From the day the resort welcomes its first guests, your investment is designed to begin generating income while experienced management takes care of daily operations. Luxury Designed to Impress Every Guest Available in both studio and one-bedroom configurations, each apartment has been thoughtfully designed to appeal to today's premium holiday traveller. Features include: • Premium branded appliances • 40mm stone benchtops • Custom shaker-style cabinetry • Antique brass tapware and fittings • Contemporary coastal colour palette • Air-conditioning throughout • Private balconies or ground-floor terraces (selected residences) • Allocated car parking • Complete designer furniture package mandatory Every finish has been selected not simply for appearance, but to create a timeless, durable apartment that delivers an exceptional guest experience while remaining practical for long-term investment ownership. Resort Facilities That Enhance Guest Appeal Successful holiday investments are built around memorable guest experiences. Residents and guests will enjoy access to: • Resort-style swimming pool • Poolside bar • Wellness precinct with sauna, ice bath and rainforest shower • Beautifully landscaped tropical gardens • Illuminated boardwalks • Professional on-site reception • Approximately five minutes to Palm Cove Esplanade • Positioned alongside the future Hilton development These resort facilities are designed to encourage repeat visitation while enhancing the long-term appeal of the development. Why Palm Cove Continues to Stand Out Palm Cove has earned its reputation as one of Australia's premier coastal destinations, attracting visitors from across Australia and around the world. Its popularity continues to strengthen through significant public and private investment. Highlights include: • The $40 million redevelopment of Double Island by the Morris Group, introducing luxury villas, premium dining, helicopter access and ferry services from Palm Cove. • The $1 billion-plus expansion of Cairns Hospital, supporting ongoing employment growth and increased regional demand. • Limited supply of new premium accommodation. • Consistent year-round tourism. • Immediate access to the Great Barrier Reef and Daintree Rainforest. • Approximately 25 minutes to Cairns International Airport. • Ideally positioned between Cairns and Port Douglas. These factors continue to reinforce Palm Cove's reputation as one of Queensland's most desirable tourism and investment locations. Secure Your Position Before Completion Luxury resort investments of this calibre rarely become available before redevelopment is complete. Whether you're expanding your investment portfolio, seeking a professionally managed holiday property, or looking to secure a premium asset in one of Australia's most desirable coastal destinations, Eight Palm Cove presents an exceptional opportunity to invest before the next chapter begins. Contact Esther Kim or Trevor Gard at NP Property today to request the Information Memorandum, current availability and pricing guide. Early enquiries are encouraged. Disclaimer Eight Palm Cove is a professionally managed resort development designed primarily for investment ownership. Owners are permitted limited personal use in accordance with the resort's management arrangements. The property is currently undergoing redevelopment and is not yet available for inspections. Images are artist impressions and indicative only. Prices, specifications and availability are subject to change without notice.
RealistIQ deal score
Neutral value signal
13
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 1/8 CORAL COAST DRIVE, Palm Cove before you inspect or make an offer.
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Estimate vs market price guide
Market price guide is $15,000 above RealistIQ estimate
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RealistIQ estimate range: $377,000 - $591,000Wider ranges mean more uncertainty.
RealistIQ estimate$484,000
Market price guide$499,000
$377,000$591,00012-month Property Outlook
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Property features
Features detected from the listing details.
Comfort
Air conditioningBath
Outdoor & building
Swimming poolGarden / courtyardGround floor
Listing details
- Status
- from $499,000
New home
Agent and agency
larger land
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