FOR SALE
Under Contract by Adam Webster

50/28 Island Drive
Cannonvale QLD 4802

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
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Under Contract - Call Adam Webster for more details

Highly Sought-After Whitsunday Mews Apartments - A Renovator's Dream! Units in the Whitsunday Mews Apartments have been highly sought after, and we are excited to bring this "renovator's delight" to market!
These affordable apartments are popular for their low body corporate fees and prime location, with everything Cannonvale has to offer just moments away.
Now vacant after being rented to tenants for many years, Unit 50 Whitsunday Mews is ripe for renovation and awaits your creative touch. While the unit is ready for immediate occupancy and is perfectly livable, it offers buyers the opportunity to gradually add their personal flair over time.
This 80sqm two-bedroom unit features a two-way bathroom, an open-plan living/dining area, a functional kitchen, and a back deck that overlooks the inviting pool area. Unit 50 offers a superior position within the complex, with only one neighbour to the right side and landscaped gardens to the left.
Additional features include a carport for everyday parking and a convenient storage cupboard to meet your extra storage needs.
Investors will be drawn to the strong rental demand for apartments in this complex, paired with low outgoings, making this property an excellent investment opportunity.
The property is vacant and ready for immediate sale. To arrange an inspection, contact Adam Webster from Ray White today!

Property Details for 50/28 Island Dr, Cannonvale

50/28 Island Dr, Cannonvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 80m2. The place is currently for sale with Ray White Whitsunday.

Building Type
Unit
Floor Size
80m2

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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 4,431 properties. Over the last 5 years, Houses in Cannonvale have seen a 85.34% increase in median value, while Units have seen a 84.30% increase. As at 30 September 2024:

  • The median value for Houses in Cannonvale is $780,273 while the median value for Units is $409,108.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 43 properties listed for sale, and 35 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 365 properties were sold in the past 12 months in Cannonvale.

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Adam Webster
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Ray White Whitsunday
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