36a
Stewart
Drive
cannonvale
QLD,
4802
SOLD
Sold for $660,000
16
11
10
Investor Alert…Renovate or Land Bank For Future Development
Current owner has decided not to renovate/repair and wants out. This unique Complex of 11 free standing units is situated on a massive 3,669m2 parcel of land, one title, in the centre of Cannonvale. Zoned low-medium density Residential B, 36a Stewart Drive is surrounded by residential houses and street shops; a short walk to the newly upgraded family beach on the Coral Esplanade, schools, and major shopping area of Whitsunday Shopping Centre. Conveniently centred in the middle of the lifestyle areas of the Whitsundays, boating ramp, and Airlie Beach's restaurants, the gateway to the magnificent Islands of the Tropical Whitsunday's.
Consisting of 6 x free standing concrete Bungalows, 4 x 2 bedroom free standing concrete Bungalows, and 1 x 2 Bedroom Colorbond Home with brand new roof. Tropical gardens and paved walkways separate the bungalows in the complex with plenty of off-street parking.
If renovated, there is the potential to secure a solid, reliable income of approximately $150,000 plus per annum in long term lease or maybe more in holiday let accommodation.
Agents
Nearby Schools
About cannonvale
median house price
362500suburb growth
7.1%median house rent
530suburb rental yield
7.6%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
