3 Schnapper StreetCannonvale QLD 4802
Property Details for 3 Schnapper St, Cannonvale
3 Schnapper St, Cannonvale is a 12 bedroom, 8 bathroom House with 4 parking spaces and was built in 2005. The property has a land size of 1012m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 12 bedroom House sold in Cannonvale in the last 12 months.
Last Listing description (November 2024)
This unit block of four, two storey townhouses on one title is now offered for sale via expression of interest.
Only two streets back from Cannonvale Beach, the location is hard to beat.
The modern building currently fully tenanted with solid returns, with high demand providing options for improved yield.
Each townhouse is double story with three bedrooms and two bathrooms on the upper level, the master includes a walk in robe and private ensuite and the ground level includes lounge, kitchen and dining with separate laundry and outdoor alfresco area and courtyard style backyard.
Well maintained with modern fixtures and fittings - fully air conditioned.
Recent improvements include
- renovated ensuites in two of the units
- new carpet
- fresh paint
The current annual income exceeds $100,000 per annum, with updated rental appraisal showing $130,000 per annum, with modest outgoings limited to Rates and Insurances only - no body corporate.
Property History for 3 Schnapper St, Cannonvale, QLD 4802
- 22 Nov 2024Sold for $2,030,000
- 14 Jun 2024Listed for Sale SOLD BY EXPLORE PROPERTY
- 06 Jul 2021Sold for $1,275,000
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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 4,437 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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