OFF MARKET

38 Tropic Road
Cannonvale QLD 4802

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 210m2
Land area: 882m2
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Property Details for 38 Tropic Rd, Cannonvale

38 Tropic Rd, Cannonvale is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 882m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1990
Floor Size
210m2
Land Size
882m2
Local Government
Whitsunday Regional
Lot/Plan
32/RP746298

Last Listing description (November 2023)

Situated on 882m2 and offering side access for your boat or van, 38 Tropic Road, Cannonvale is a large and unique home with numerous appealing features that make it an attractive property for potential buyers. Recently refreshed and in move-in condition, this fantastic property offers a wonderful investment opportunity. It boasts five bedrooms, two bathrooms, spacious living areas both inside and outside, and two laundries. Additionally, the property offers the advantage of dual living spaces downstairs including additional rooms that can be used as an office or storage alike.

The home is fully tiled, creating a pleasant ambiance, and it benefits from sliding glass doors that flood the interiors with natural light. The spaciousness and thoughtful design provide an ideal environment for comfortable living.

Upstairs, the home is fully air-conditioned and features four bedrooms, a bathroom, a generous kitchen with a solid timber bench top, a laundry, and an open-plan living area that seamlessly connects to the undercover verandah. This setup is perfect for entertaining guests. The kitchen is equipped with high-quality appliances, including a Miele oven and dishwasher, and ample cupboard space for practicality and functionality.

One of the standout features of the property is the self-contained granny flat downstairs. This additional space presents an opportunity for generating additional income, making it a potential rental unit. Alternatively, it can be used as a versatile space for extended family members, teenagers' retreat, or even as a dedicated area for a home business. The property offers an array of storage options, including an extended lockup garage and two additional rooms, providing easy solutions for organizing and storing belongings.

The property's location in the heart of Cannonvale adds to its appeal, and it is certain to attract many buyers looking for a value-for-money investment with endless opportunities.

The mature and well established gardens complete with your own bore only assist with landscaping possibilities, adding to the overall appeal of the property.

If you are interested in this quality investment in an area with promising potential, it is recommended to act quickly, as this property is not expected to stay on the market for long.

To arrange an inspection, please contact Aaron at 0466 824 668.

Property History for 38 Tropic Rd, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$655,000
28 Sep 2023
  • 28 Sep 2023
    Sold for $655,000
  • 15 Dec 2022
    Listed for Sale $599,000
  • 12 Apr 2018
    Listed for Sale $449,000
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About 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.
There are currently 50 properties listed for sale, and 34 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Cannonvale.

Suburb Insights for Cannonvale 4802

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.