This is a unit on a lot in 101/C5411 Cannonvale QLD. We estimate its value at $780,000. The local government is Whitsunday Regional, with 11 bedrooms and 10 bathrooms.
Investigate This Position & Its Investment Potential Positioned at the roundabout on the corner of Shute Harbour Road and Beach Road, this property has location plus!Located within walking distance of everything, it doesn't get much better than this.The current owners have held the property for nearly 18 years and this is the first time that it has been put to the market since they bought it.Solidly constructed, this building has been cyclone tested over the past 8 years and has come through strongly.The complex is three storeys high with ten flats being a mix of 5 x two bedroom flats and 5 x one bedroom flats.The flats each have galley kitchens, built in robes in the bedrooms and open dining/living spaces which flows out onto the patios. Underneath the building there is a storage area for each flat along with a garage.Occupancy in the building has always been high with low vacancy rates and a quick turn around for new tenancies. Most of the tenants have been in the complex between two to eight years.Subject to Council approval, a new owner could investigate the possibility of strata titling the complex.Expressions of interest are now being called.For further information, please get in touch with Lynne Erricker on 0414 641 612.- Location, location, location....unbeatable exposure- first time to the market in 18 years- great investment opportunity- 1,012m2 (1/4 acre)- located on corner of Shute Harbour Road and Beach Road- 3 storeys with 10 flats - 6 x 2 bedders and 4 x 1 bedders- walking distance to everything