FOR SALE
$795,000

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Cannonvale QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Easy To Operate Management Rights in Paradise - ID 8696

Holiday Management Rights For Sale
Absolute Beachfront Property with Coral Sea Views
- Location: Airlie Beach, a prominent tourist hub, offering access to the Whitsunday Islands.
- Business Type: 20-apartment complex 14 apartments in the holiday letting pool.
- Body Corporate Salary: $42,012 annually (indexed to CPI).
- Remaining Agreement Term: 23 years (Accommodation Module).
- Facilities: Pool, entertainment area with beachfront views, onsite parking
- Potential for Growth: Opportunity to increase the number of apartments in the letting pool.
With excellent networks in place and a high volume of corporate clients this waterfront management rights business in Airlie Beach, offers a lifestyle opportunity along with a profitable enterprise, all easy operable by a couple in semi retirement. An attractive investment of only $795,000.
Net Profit: $123,000
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Property Details for Contact Agent For Address, Cannonvale

Building Type
Commercial
Floor Size
1m2

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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 4,444 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 49 properties listed for sale, and 34 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 384 properties were sold in the past 12 months in Cannonvale.

Suburb Insights for Cannonvale 4802

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Antonio Curulli
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Peter Ward
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Management Rights Sales Pty Ltd
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.