The Brisbane, Queensland based renowned property research firm Matusik Property Insights says in its last weekly report "For the fourth consecutive quarter, property price growth across the Sunshine State was healthy and shows no signs of slowing down. While there has been steady growth on the Gold Coast, up 9% to $436,050, there has been a lack of good quality stock of late, REIQ(Real Estate Institute of Queensland) chairman Peter McGrath said."

Well, we have recently secured this wonderful off the plan investment opportunity in Cairns.  There are large 2 bedroom luxury apartments starting at around $700K and up to around $ 1,475 million for a 400sqm Villa.

• 10% deposit balance on completion , estimated  late 2009.
• Very flexible options for the buyer to live permanently, self rent , or best - bank it with the resort hotel.
• Historical evidence of around 5.5% return on investment.
• Along with negative gearing, and capital growth this opportunity is certainly worth looking at !

The Location

Palm Cove is located an easy 20 minutes from Cairns International Airport, yet it feels like a world away. Cairns International Airport is already Australia’s 5th busiest international airport, with over 3.7 million visitors per year.

A $180 million expansion and upgrade program currently under way guarantees that this traffic will only increase as the domestic and international tourism demands of the  region continue to grow. A virtual peninsula and geographically compact – a mere 1.5km along the pristine beachfront, and only 800 metres from the Coral Sea to the foot of the Great Dividing Range and National Park and boasting a tropical climate averaging better than 26°C all year long—this is not just a winter escape! 

The Village Concept

The objective of “The Village” Palm Cove is quite simply to create one of The World’s Great Villages. Based upon a European village concept, The Village Centre will be a series of squares and piazzas where people can roam freely without cars or pollution. “The Village” aims to capture the essence of the creative and culinary cultures that have enriched villages and towns throughout the world and throughout history.

The Village Palm Cove will not only become the town centre that Palm Cove has needed for so long, but will become a cultural hub – not just for the residents and guests of Palm Cove, but also for the Cairns region. Palm Cove, with The Village, will become Australia’s most recognised international tourist village and the place to have a tropical base and reconnect with life.

Resort Apartment Configuration

The Village Resort features 2 bedroom large luxury apartments , which can accommodate a family of up to six persons, with the Verandah Room utilised as the Master Bedroom, the second bedroom confi gured to twin king beds and the lounge accommodating two children. The apartment provides fully self-contained facilities including kitchen and laundry. Executive villas also available.

The Village Centre

The main feature of “The Village” is the Square. With its huge central feature fountain some 7 metres in diameter and 3 metres tall, the Village Square is not only the meeting place of The Village, but also designed as the venue for special concerts. With four restaurants fronting the Village Square and seating for over 400 diners, the cobblestone square will be a hive of activity by day and night.Facilities at The Village Centre will include:• A “Providore” for convenient grocery shopping, stocking • specialty and organic produce• A continental delicatessen• A bakery and patisserie• A book store and news agency• A pharmacy• Specialty boutiques• Artisan jewellers and craft stores• Art galleries • A luxury Day Spa and Wellness Centre

There are only a few remaining units available in phase1, so please use the link below to contact us to request more information.