A woman has been taken into custody after an elderly man was allegedly assaulted in Cairns overnight.
Police were called to a waterfront property on Williams Esplanade in Palm Cove following reports of a serious assault at about 10:50pm on Tuesday night.
Officers arrived to discover a man suffering several stab wounds.
He was rushed to Cairns Base Hospital in a critical condition.
Despite the efforts of doctors and paramedics, he died from his injuries in hospital.
Police arrested a 58-year-old woman at the scene, she is now in custody and is assisting police with their inquiries.
She has not been charged with an offence.
Queensland Police say they are continuing their investigation in what led up to the incident.
Palm Cove is one of Queensland’s most ritzy suburbs, crowned the most expensive postcode in any regional area of the state.
More to come.