Located in the most established and central industrial/commercial precincts in Cannonvale, these sought after prized positions rarely become available.
The prime position offers the added benefit of facing the busy Shute Harbour Road, allowing for maximum brand exposure. Representing a solid investment opportunity with the existing tenants currently in a 5 year lease with a further 5-year option.
The Whitsundays is going through a period of sustained expansion with the shire expected to reach a population of 50,000 by 2036.
With limited current and future commercial/industrial land releases opportunities like this will be a very sound investment either way.
Information Memorandum available upon request.
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:
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