106/2 Oliva Street, Palm Cove
Listing data updated 27 July 2026
- Positioned just moments from the golden sands of Palm Cove Beach, this fully furnished two-bedroom apartment offers the perfect combination of lifestyle, convenience and immediate rental income in one of Tropical North Queensland's most sought-after destinations. Located within the popular Elysium Apartments complex, the apartment enjoys a relaxed coastal setting just a short stroll from Palm Cove's vibrant Esplanade, where cafés, restaurants, boutiques and beachfront dining await. Currently leased until 3 September 2026 at $660 per week, the property provides a secure income stream from day one while offering future flexibility for investors seeking a quality beachside asset. Beautifully presented and offered fully furnished, the apartment features two generous bedrooms, two bathrooms, a modern kitchen, spacious open-plan living, lift access, secure undercover parking and a private storage cage. Residents and guests enjoy access to the resort-style pool and sun deck, creating the perfect tropical retreat just moments from the beach. Features include: • 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 • Strong seasonal demand within the complex • Approx. 150 metres to Palm Cove Esplanade and beach Outgoings: • Body Corporate Levies: Approx. $12,434 per annum (if paid on time) • Council Rates: Approx. $3,267 per annum • Water Charges: Approx. $428 per annum Whether you're looking to expand your investment portfolio or secure a premium Palm Cove property in a tightly held beachside location, this apartment represents an outstanding opportunity to purchase a quality asset with income already in place. Inspection by appointment
RealistIQ deal score
Strong value signal
82
/100
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Market price guide is $152,000 below RealistIQ estimate
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- Offers over $629,000
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