13 Beach RoadCannonvale QLD 4802
Property Details for 13 Beach Rd, Cannonvale
13 Beach Rd, Cannonvale is a 18 bedroom, 9 bathroom Unit with 9 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in May 1998.
Last Listing description (March 2021)
A rare opportunity, first time offered for sale in 17 years, this beachside location with 9 freehold units generating an income exceeding $135,000 per annum.
Each of the 9 two-bedroom units are furnished and are rented to full time tenants, current vacancy rates in the area are as low as 0.5% and rental yields climbing.
The beachside location could also provide the opportunity to develop a short term holiday letting or Airbnb business.
Inground pool and ample off-street parking.
Property History for 13 Beach Rd, Cannonvale, QLD 4802
- 12 Feb 2020Listed for Sale POA
- 22 Dec 2016Listed for Rent - Price not available
- 04 Dec 2014Listed for Rent - Price not available
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0About 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.
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