SOLD
Sold on 01 Jul 2024 for $230,000

121 Shute Harbour Road
Cannonvale QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 76m2
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Property Details for Lot 15/121 Shute Harbour Rd, Cannonvale

Building Type
Commercial
Land Size
76m2
Local Government
Whitsunday Regional
Lot/Plan
15/SP180693

Last Listing description (August 2024)

* Solid medical tenant - Coastal Radiology (Whitsunday Ultrasound) have leased the premises since 2015
* Net income of $15,949.96 per annum excl GST (plus a CPI increase due July 2024)
* Tenant pays all outgoings

* Personal guarantees and cash bond in place
* Leased to July 2025, with 2 x three year options
* Annual rent reviews - market review at options, CPI increases all other years

A 76sqm ground floor suite within the modern and popular 121 Business Centre. Situated alongside Genius childcare centre, a GP clinic, dental surgery, bakery/coffee shop and a large range of other medical & professional services.

The property has a fit out to suit the current radiology clinic usage and this consists of three consulting rooms, waiting area, reception area, open plan office and kitchenette. The suite has dual access with a main entrance from the internal courtyard and a rear door into the car park. The premises has ducted air-conditioning and the onsite amenities are close by. There is ample onsite car parking and this Lot has one exclusive use parking space.

121 Business Centre is easily accessible and is situated on the main arterial road (Shute Harbour Rd) between Proserpine and Airlie Beach. A three minute drive from the tourist hot spot of Airlie Beach, Cannonvale is the main residential suburb in the area.

For further information, please contact the exclusive selling agent, Tracey Oates - tracey.oates@raywhite.com, 0458 474 050

Property History for Lot 15/121 Shute Harbour Rd, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$230,000
01 Jul 2024
Listed for Rent
$248/w
09 Jul 2015
  • 01 Jul 2024
    Sold for $230,000
  • 05 Jun 2024
    Listed for Sale UNDER CONTRACT BY TRACEY OATES
  • 29 Apr 2015
    Listed for Rent $132,000 / year
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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 4,470 properties. Over the last 5 years, Houses in Cannonvale have seen a 79.48% increase in median value, while Units have seen a 61.67% increase. As at 31 August 2024:

  • The median value for Houses in Cannonvale is $732,696 while the median value for Units is $390,112.
  • Houses have a median rent of $745 while Units have a median rent of $500.
There are currently 42 properties listed for sale, and 43 properties listed for rent in Cannonvale on OnTheHouse. According to CoreLogic's data, 386 properties were sold in the past 12 months in Cannonvale.

Suburb Insights for Cannonvale 4802

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Ray White Whitsunday
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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.