OFF MARKET

5/42 Coral Esplanade
Cannonvale QLD 4802

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 186m2
Land area: 272m2
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Property Details for 5/42 Coral Esp, Cannonvale

5/42 Coral Esp, Cannonvale is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 272m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
1980
Floor Size
186m2
Land Size
272m2
Local Government
Whitsunday Regional
Lot/Plan
5/BUP101277

Last Listing description (December 2022)

The Phone Code for this property is: 67660. Please quote this number when phoning or texting.YES, you read correctly. This unique property is sold as one unit but consists of three (3) separate areas, each can be rented out separately or set it up as your ideal multi level pad. The whole rear block is considered as one (1) unit. The actual property consists of;PENTHOUSE - Full length verandah, 180+ degree ocean and island views, kingsize bedroom and full ensuite bathroom complete with corner spa, open plan living, kitchen area. Very open and breezy (98m/sq)MID UNIT - Full length verandah, ocean and island glimpses down the sides of front units, 2 bedrooms, bathroom open plan living, dining and kitchen. (98m/sq)A stairwell joins the top two areas as well as laundry and drying deck. (15m/sq)BOTTOM - currently set up as bedsit with full kitchen but can be used as office space. Has own outdoor space and separate half bathroom facilities. (46m/sq)There are also 3 dedicated carport spaces, 2 of which are undercover. This property in all likelihood will pay for itself from the rental income alone and suitable for the investor or single/couple looking to run own business from home, like me. Living the dream from paradise.Life presents only a few life changing opportunities. Its being able to recognise and grab them when they present themselves which is the challenge.....this listing is one of those opportunities for the right person.Property currently being run as a home based Airbnb business where I live in one part and Airbnb the other two and being sold fully furnished as shown in the pictures with the exception of only couple of items.The Body Corporate fees are fair and it does have insurance.The property is centrally located and everything within easy WALKING distance, just over the hill from the heart of Airlie, such as;*45 seconds to the Cannonvale Beach Swimming Enclosure and Fat Frog Cafe;*1 minute to two separate children's parks;*2 minutes to Cannonvale Botanical Foreshore Gardens, Cannonvale State School and Preschool;*3 - 5 minutes to Coles, bus stops, Bunnings, Butchers, Liquor Shops and the Volunteer Marine Rescue (VMR) where you can launch your boat; (2 mins drive)*15 - 20 minutes to Coral Seas Marina (3 mins drive)*20-30 minutes max into Airlie Beach main street. (4 mins drive)Viewings upon request.Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 5/42 Coral Esp, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$440,000
06 Aug 2020
Listed for Rent
$260/w
29 May 2010
  • 06 Aug 2020
    Sold for $440,000
  • 01 May 2020
    Listed for Sale $480,000
  • 19 Sep 2011
    Sold for $345,000
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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, 381 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.