FOR SALE
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5 Carlo Drive
Cannonvale QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1000m2
Land area: 1854m2
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Industrial Gem In the Heart Of Cannonvale

Now for sale for the first time in 22 years, the architecturally designed building is a wonderful opportunity to secure a property in this very tightly held location.
With over 1000m2 under roof split over 7 tenancies the property is in excellent condition with nothing to spend.
The property has around 850m2 of ground floor space, 220m2 of mezzanine and is 100% occupied with leases in place.
Adding flexibility to the property, the seller occupies a portion of the property (on a lease) which can be shortened to enable the new owner to occupy offices and boardroom (as seen in the Delta Goodrem Movie "Love is in the Air" for their personal business.
The property features around 950m2 of concrete hardstand with fully landscaped gardens making maintenance very minimal all year round. There is also a 30kva generator connected to the buildings in the event of power loss.
19 Onsite carparks.
Priced at well below replacement cost. Potential to re- strata title the property STCA.
Located a short walk to local shops, school and café next door, this is an outstanding opportunity to secure a great long-term investment for your future.
Please call to discuss financials and any other questions you may have.

Property Details for 5 Carlo Dr, Cannonvale

Building Type
Commercial
Floor Size
1000m2
Land Size
1854m2

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About Cannonvale 4802

The size of Cannonvale is approximately 7.2 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Cannonvale in 2011 was 4,885 people. By 2016 the population was 5,716 showing a population growth of 17.0% in the area during that time. The predominant age group in Cannonvale is 30-39 years. Households in Cannonvale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannonvale work in a trades occupation. In 2011, 45.7% of the homes in Cannonvale were owner-occupied compared with 48.1% in 2016.

Cannonvale has 4,445 properties. Over the last 5 years, Houses in Cannonvale have seen a 75.66% increase in median value, while Units have seen a 75.97% increase. As at 31 October 2024:

  • The median value for Houses in Cannonvale is $741,929 while the median value for Units is $413,517.
  • Houses have a median rent of $720 while Units have a median rent of $500.
There are currently 52 properties listed for sale, and 35 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Cannonvale.

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Mark Beale
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