OFF MARKET

5/24 Island Drive
Cannonvale QLD 4802

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 118m2
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Property Details for 5/24 Island Dr, Cannonvale

5/24 Island Dr, Cannonvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 118m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1997
Floor Size
118m2
Land Size
118m2
Local Government
Whitsunday Regional
Lot/Plan
5/BUP106511

Last Listing description (March 2022)

Spacious top floor unit and body corporate fees less than $700 per quarter - What a deal! Situated in the heart of the Whitsundays, this Hazelwood Gardens apartment ticks all the boxes for buyers searching for an immaculate and spacious unit combined with very affordable body corporate fees.

The apartment is located in a very small building of only 6 units therefore the body corporate levies are much lower than you would expect to pay in comparison to other Cannonvale apartments. (currently under $700 per quarter)

Located in one of the best positions in the building, this top-floor two-bedroom apartment is easily accessible via one set of stairs at the front of the building.

Boasting one of the largest floor plans for this price range, the open plan design allows for comfortable living and blends seamlessly to the north-facing patio area. The patio is the ideal space where you can set up your outdoor living area and entertain family and guests all year round.

Once you enter the apartment, you will immediately notice the open plan living space and generously sized balcony area. Inside the unit are 2 bedrooms, the main bathroom, and an integrated laundry so there is more than enough room to live comfortably.

This property is a perfect home buyers property or ideal entry-level investment opportunity in a highly sought-after location only 200m to Banjos and the Whitsunday Shopping Centre. The Island Drive parkland is directly across the street and public transport available at the doorstep.

Parking is available with one allocated undercover carpark under the building only a short distance away from the front door. Recent body corporate exterior upgrades have lifted the complex to a new modern standard, and the grounds are well maintained.

Features include;

- 2 bedrooms
- Combined Lounge room and dining area
- Tidy kitchen with ample storage cupboards and pantry
- Spacious undercover patio area with views of the park & ocean glimpses
- One car space with additional storage area
- Short stroll to the Boardwalk
- Close to schools and public transport
- Manicured gardens in the complex
- Currently occupied by a fantastic tenant on a month by month lease (periodic)

Property History for 5/24 Island Dr, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$286,000
08 Feb 2022
Listed for Rent
$275/w
01 Jun 2015
  • 09 Mar 2022
    Listed for Sale SOLD BY RAY WHITE
  • 08 Feb 2022
    Sold for $286,000
  • 03 Feb 2022
    Listed for Sale SOLD BY RAY WHITE
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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.