You read the title correctly. This magnificent 2 bedroom apartment initially sold off-plan for $565,000 in 2003. Unfortunately, the market has slipped and the owners are doing whatever it takes to achieve a sale NOW. This is a very unfortunate story for them, but could be a great opportunity for you.

It is easy to see that Palm Cove prices have hit rock bottom. Proof of this fact is that properties priced this attractively are SELLING. If you wait on the sidelines now looking for concrete confirmation of the market bottom, you will find yourself regretting this hesitation in the not so distant future.

With only the finest finishes, this large 2 bedroom apartment (each with ensuite) includes a stylish kitchen with waterfall stone countertop and stainless steel appliances. An extensive furniture package is also included consisting of everything a lavish holiday maker could desire. This property represents both an exceptionally opportunistic investment and the ideal lifestyle property to enjoy when you can get away.

There have already been signs of life in the Palm Cove market as the low lying fruit has quickly started disappearing. And it doesn’t get much lower than this. And while you’re waiting for prices to start moving back up, bring the whole family to your huge 5-star getaway on one of Australia’s most beautiful beaches at the doorstep to the Great Barrier Reef. In just a few years, I’m sure you would reminisce of how cheaply you bought such a prestigious 2 bedroom apartment in Palm Cove’s most luxurious 5-star resort.

Managed by Mirvac, Sea Temple Resort and Spa offers a critically acclaimed restaurant, world-recognised day spa centre and all the facilities you would expect from one of the world’s best resorts.

SUSTAINABILITY DECLARATION AVAILABLE UPON REQUEST