3406/2-22 Veivers Rd, Palm Cove is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 1 bedroom Apartment sold in Palm Cove in the last 12 months.
It's not just a studio apartment.
It's a tropical lifestyle moments from the beach.
It's flexibility for holidays, permanent living, or investment.
Positioned within the highly regarded Drift Apartments complex, this beautifully presented studio apartment offers an outstanding opportunity to secure your own slice of Palm Cove paradise. Located only a short stroll from the iconic Palm Cove Esplanade, cafés, restaurants, boutique shopping, and the beachfront, the property perfectly combines convenience, lifestyle, and versatility.
Freshly painted and thoughtfully designed, the fully self-contained studio features modern interiors, air conditioning, a sleek kitchenette with quality appliances, and a spacious bathroom with contemporary finishes. A private balcony provides the perfect place to relax and enjoy the tropical atmosphere.
Resort-Style Living with Flexible Options
Whether you are searching for a lock-and-leave holiday escape, an investment property, or a low-maintenance residence, this apartment offers exceptional flexibility. With no letting restrictions, owners can choose to permanently rent, holiday let, or occupy the property themselves.
Residents and guests also enjoy access to the sparkling resort-style pool, creating the ideal setting for relaxed tropical living.
Property Highlights
- Freshly painted, fully self-contained studio apartment
- Modern kitchenette with quality appliances
- Spacious bathroom with contemporary finishes
- Air conditioned for year-round comfort
- Private balcony for relaxing outdoor living
- Resort-style swimming pool within the complex
- No letting restrictions with flexible occupancy options
- Walking distance to Palm Cove Esplanade and beach
- Approx. 25 minutes to Cairns CBD and International Airport
Lifestyle & Location
Set within one of Tropical North Queensland's most desirable beachside destinations, Palm Cove offers an unbeatable lifestyle with world-class dining, boutique shopping, and easy access to the Great Barrier Reef, Daintree Rainforest, and surrounding attractions.
This is an ideal opportunity to secure a low-maintenance coastal property with strong holiday appeal and excellent future potential.
Contact Carol Blease on 0407 091 834 or Sam Blease on 0419 967 112 to arrange your private viewing.
Properties in this location offering this level of flexibility and lifestyle are always in demand - don't miss your opportunity.
Financial Information (Approximate)
Potential Holiday Letting Income: Based on other similar apartments approximately $40,000 - $50,000 p.a (gross), depending on season and occupancy levels.
Rental appraisal per week : $450 / $23,400 (gross )p.a.
Body Corp fees. Approx: $380 per week inclusive of power , water and resort facilities.
Pets may be permitted, subject to Body Corporate approval. Prospective owners must submit an application for consideration.
As the property is currently operating as a holiday let, please allow sufficient notice when arranging inspections, particularly during peak holiday periods.
Note: All information contained herein is gathered from sources believed to be reliable. This Office and its Agents provide no guarantees or undertakings concerning the accuracy, completeness or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
The size of Palm Cove is approximately 3.6 square kilometres. There are 11 parks, covering nearly 24.5% of the total area. The population of Palm Cove in 2016 was 2059 people. By 2021 the population was 2450 showing a population growth of 19.0% in the area during that time. The predominant age group in Palm Cove is 60-69 years. Households in Palm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Cove work in a professional occupation.In 2021, 66.80% of the homes in Palm Cove were owner-occupied compared with 57.10% in 2016.
Palm Cove has 2,855 properties. Over the last 5 years, Houses in Palm Cove have seen a 55.67% increase in median value, while Units have seen a 72.50% increase. As at 31 August 2026:
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