As most people know, the market is currently quite soft. In order to achieve sales, sellers have been forced to “meet the market”. Any seasoned real estate investor will tell you, this is when you buy to make money in real estate. . . when others have to sell.

That being said, this 4 bedroom / 3 bathroom dual-key penthouse is being offered significantly below the off-plan price of $990,000 over 7 years ago! The position of this enormous penthouse is on the Eastern side of the resort facing the tropical nature strip and in earshot to the Coral Sea. Hence, it is the most private and serene position in the whole complex. This is why it used to have the heaviest price tag attached. . . but not any more.

Take advantage of this current market before it bounces back – hopefully within the next 12 months. No market stays depressed forever. The people who realize that a change in the trend is coming first, are the people that truly capitalize on it. And while you’re waiting, 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 an enormous dual-key 4 bedroom penthouse 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. This magnificent dual-key 4 bedroom penthouse in beautiful Palm Cove offers Asian-inspired elegance built around the expansive lagoon pools in the centre. The apartment is complete with only the finest finishes. This huge penthouse consists of 4 bedrooms, 3 well appointed bathrooms, proper upscale kitchen facilities, full furniture package including everything the holiday maker could desire and a huge private rooftop terraces with BBQ, Spa and views to the Coral Sea. This property represents opportunistic investment at its best and the ideal lifestyle property to enjoy when you can get away.