PRD Whitsunday 230 Shute Harbour Road, Cannonvale, QLD 4802 07 4946 2000
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6a and 6b Leichardt Place
cannonvale
QLD, 4802

SOLD

Sold for $625,000

listing rooms 6
listing bathrooms 4
listing parking 4

Duplex Excellent Returns - No Body Corp

Investing in the Whitsundays is a popular for many Australians wanting to own a slice of one of the country's best holiday destinations. Unfortunately for many, the dreams are dashed when you hear the words… Body Corporate.

Enter 6 Leichardt Place, Cannonvale. With two 3 bedroom, 2 bathroom duplexes on the one title, this house has all the income without the expense of a body corporate.

The mirror image units, one with larger yard currently rent for $430/week and $420/week respectively. With both leases just renewed, one within 24 hours of listing the property for rent and the other without advertising.

Built in 2013 and with colorbond over block construction, the low maintenance builds are perfect for investors. The 3 bedroom layout, master with built-in robe and ensutie, double garage, air-conditioning throughout and yard attached to 6A make it a popular choice for families looking to rent in the area.

The duplex currently provides a 7% gross return on investment at advertised price.

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About cannonvale

median house price

711250

suburb growth

9.4%

median house rent

720

suburb rental yield

5.3%

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.

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