6a/6b Leichardt Pl, Cannonvale is a 6 bedroom, 4 bathroom House with 4 parking spaces and was built in 2014. The property has a land size of 804m2 and floor size of 109m2.
Investing in the Whitsundays is a popular for many Australians wanting to own a slice of one of the country's best holiday destinations. Unfortunately for many, the dreams are dashed when you hear the words Body Corporate.
Enter 6 Leichardt Place, Cannonvale. With two 3 bedroom, 2 bathroom duplexes on the one title, this house has all the income without the expense of a body corporate.
The mirror image units, one with larger yard currently rent for $430/week and $420/week respectively. With both leases just renewed, one within 24 hours of listing the property for rent and the other without advertising.
Built in 2013 and with colorbond over block construction, the low maintenance builds are perfect for investors. The 3 bedroom layout, master with built-in robe and ensutie, double garage, air-conditioning throughout and yard attached to 6A make it a popular choice for families looking to rent in the area.
The duplex currently provides a 7% gross return on investment at advertised price.
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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