3/11 Island Dr, Cannonvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 107m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Cannonvale in the last 12 months.
Are you thinking about purchasing your first investment property? Or would you like to expand your portfolio? This neat and tidy 2 bedroom, 1 bathroom unit with its own under cover parking is now up for grabs. The Island Close apartments are centrally located in the heart of Cannonvale. You are only a 5 minute walk to Coles, the pharmacy, restaurants, primary school and public transport. Making these units very desirable and convenient for potential tenants.
The property is currently leased until October 2024 for $400.00 per week. This plus low body corporate fees make this a perfect kick starter investment.
The unit itself is fully airconditioned and sets itself apart as being one of the only in the complex with a bath featured in the bathroom. Both bedrooms feature carpet flooring, fans and built in robes. The spacious lounge area flows out to the verandah that leads to the common areas where the glistening complex swimming pool is located.
These units are tried and tested and being solid block construction, are low maintenance.
Contact Carinda Ivens for a private inspection. 0417 285 700
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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