27/9 Savaii Close, Palm Cove QLD 4879

27/9 Savaii Close, Palm Cove QLD 4879
Near-new multi-level design | 748mΒ² large lot for format | Above-ground pool | Bushfire overlay | Trinity Beach school catchment This property presents a competitively rare configuration for Palm Cove, merging a near-new, architecturally-striking multi-level residence with a land parcel significantly larger than typical townhouse or unit offerings. Its three-bedroom layout over three levels, with dedicated garage spaces and premium finishes, positions it uniquely between a standard house and a compact unit, best serving a buyer seeking space and modern design without a traditional house footprint. The strong rental estimates and recent leasing history signal immediate income viability, likely appealing to both owner-occupiers and investors seeking a high-amenity coastal property. The primary decision mechanism involves the bushfire overlay, which imposes potential construction and insurance cost burdens, and the ambiguous property type classification which may affect financing and resale buyer perception. The commercial opportunity lies in securing a recently built, low-maintenance property in a established locale where similar large-lot, multi-level stock is limited. Proceed with a conditional contract mandating bushfire assessment, and hold as a long-term rental or primary residence to capitalise on its scarcity and rental demand.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Palm Cove is a premium lifestyle destination, with demand driven by interstate migration and diversification into sectors like tourism and defence. Recent data shows strong compound growth (16.4% for houses) and tight rental conditions, yielding 4.2% for houses. Future growth is supported by infrastructure upgrades, though the market faces risks from limited supply, recent price volatility, and regional compliance pressures.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

748mΒ²

Assessments Delivered Today

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