Sold for $375,000
Great Starter Home or Investment
A great option for those looking to escape the rental trap, these 3 bedroom duplexes in the heart of Cannonvale are an affordable and modern home without the price tag of many comparable standalone houses.
In a highly sought-after pocket of Cannonvale, the homes are close to schools, shops, parks and only a short drive into the main street of Airlie Beach where you can enjoy the entertainment precinct.
The home is well laid out with master bedroom and ensuite enjoying privacy away from the remaining two bedrooms and main bathroom. The living, dining and kitchen spill out onto the back deck and back yard, providing a perfect entertaining space.
Or perhaps you are an investor looking for a savvy investment? With long term tenants in place in one of the duplexes, it returns over 5% gross per annum. Perhaps buy both and enjoy a body corporate free investment.
median house price290000
median house rent330
suburb rental yield5.9%
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.