The Weekend Post - Real Estate

ENJOY BEST OF BOTH WORLDS AT PALM COVE

You can control how you want to roll with this two-for-one apartment opportunit­y. In the high tourist season, the studio would rent out for about $170 per night, the larger room for $240 per night or about $320 per night for both.

- ARUN SINGH MANN

FLEXIBLE holiday-letting at high rates, owning and occupying or a bit of both is what sets this luxurious two-for-one apartment sale apart at Palm Cove.

RE/MAX Cairns principal Ray Murphy has listed a two-bedroom, two-bathroom, dual key apartment at 107/2 Oliva St, Palm Cove for $340,000.

The 114sq m unit located inside the Elysium complex takes full advantage of space, light and airflow and Mr Murphy said thanks to the flexible onsite management, the property was suited to a wide range of buyers.

“There’s no restrictio­ns on how you want to holiday-let or rent out,” he said

“We all know Palm Cove is a popular holiday destinatio­n and there’s so much you could do with this. You could have one room during the holidays and the other one rented out.

“The larger room has one bedroom, a bath and a full-size kitchen, while the studio has a kitchenett­e and bath.

“It’s great for investment, because essentiall­y, if you holiday-let one room out, you still only have one set of body corporate fees.”

Onsite manager Sharyon Murphy said during the high tourist season, the studio would rent out for about $170 per night, the larger room for $240 per night or about $320 per night for both.

The well appointmen­t apartment enjoys spacious, open-plan living and dining and flows seamlessly to the large patio through large double sliding doors allowing cool breezes to flow throughout.

The living area is complement­ed by a quality kitchen featuring a dishwasher, electric cook top, stone bench tops and sleek cabinetry.

Leading from the dining room is a fabulous entertaini­ng area perfect for barbecues while enjoying total peace and quiet.

The complex, offers a large pool with spa, maintained gardens, palm trees and lush green lawns.

The apartment is tastefully furnished with the highest of quality furnishing­s and is located a mere 200m walk to the beautiful beach and multiple award-winning restaurant­s and day spas.

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