Tastefully Renovated Studio with Strong Returns in the Reef Retreat! Just 50m back from Williams Esplanade in Palm Cove this is the perfect strong returning tropical retreat and winter escape for you in sunny Far North Queensland. Everything Palm Cove has to offer is within a short stroll from your doorstep. Peaceful and tranquil the resort offers a lovely tropical ambience at a very affordable price. The apartment itself is fresh, bright and inviting with tropical gardens views, glimpses of the pool and even ocean views from the bedroom. - Spacious studio apartment that has been extensively renovated throughout - 1st floor position with large balcony that enjoys views of the pool and tropical gardens - Fully self-contained with washing machine/dryer and cooktop. All appliances are new! - All furnishings included in the sale. Not a thing to do, it's all ready to go! - Currently holiday let via local agency this property is suitable for investors looking to holiday in the area with a substantial return of $14,076.14 NET (5.41% NET) over the previous 12 months after management/body corps and council rates or would also suit as a "lock and leave" holiday home. - Small boutique complex of 36 features tropical gardens, large in ground pool and sundeck area, BBQ and alfresco dining areas - Shared parking onsite - NOTE This property is not suitable for owner occupiers (Holiday Accommodation Zoning)