3/15 Amphora Street, Palm Cove QLD 4879

| Palm Cove townhouse | private Secret Garden | 128m² lot | 70% owner-occupied complex | low turnover market This property’s primary advantage is its rare private courtyard with an outdoor bath and patio, a feature almost unheard of in Palm Cove townhouses, giving it a lifestyle edge that commands premium rental demand. The complex’s 70% owner-occupancy signals stable neighbours and limited rental churn, which reduces vacancy risk for an investor or provides a quieter environment for an owner-occupier. The 128m² lot is generous for a unit, offering usable outdoor space that most competitors lack, and the master ensuite with direct garden access makes it a strong lock-and-leave holiday home or downsizer option. The main risk is the 38-day average selling time for two-bedroom units in Palm Cove, indicating a slower market where overpricing will stick. The property’s reliance on FTTN rather than FTTP may deter remote workers, though 5G coverage mitigates this. The 30% rental proportion in the complex is moderate but worth verifying body corporate rules on short-term letting, as that could unlock higher yields. For a buyer, hold as a permanent residence to maximise the garden amenity, or rent long-term at around $605 per week for steady cashflow without management headaches.