15/48 Coral EsplanadeCannonvale QLD 4802
Property Details for 15/48 Coral Esp, Cannonvale
15/48 Coral Esp, Cannonvale is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 43m2 and floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
Hit the ground running with this fully renovated studio apartment only a few steps (literally !) from the beach.
Guests will love the morning run on the bicentennial boardwalk with your feet above the water and a breathtaking backdrop or grab a bite to eat and a coffee next door. Convenience is almost an understatement considering the fascinating park and ocean views from your balcony combined with proximity to shops and restaurants. An onsite pool is also provided, offering the feel of an ocean swim without having to leave the comfort of your home, courtesy of the ocean view.
Air-conditioned comfort, stylishly furnished and fitted out with quality appliances, this unit is ready to work for you. At a proven return of approx. $737 p/wk gross on a holiday letting basis with airbnb or onsite management, this unit proves as a very exciting opportunity for investors looking to enter the market at a competitive price.
A standout investment property, this one is sure to impress, give us a call to see for yourself.
Property History for 15/48 Coral Esp, Cannonvale, QLD 4802
- 29 Oct 2021Sold for $205,000
- 10 Feb 2021Listed for Sale $219,000
- 11 Jun 2018Sold for $150,000
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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 4,440 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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