SOLD
Sold on 11 Mar 2024 for $350,000

20 Island Drive
Cannonvale QLD 4802

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
Land area: 131m2
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Property Details for Lot 16/20 Island Dr, Cannonvale

Lot 16/20 Island Dr, Cannonvale is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 131m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Cannonvale in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
98m2
Land Size
131m2
Local Government
Whitsunday Regional
Lot/Plan
16/SP133122

Last Listing description (April 2024)

This Is A Smart Buy - The Low Body Corporate Fees Will Impress!Situated in the heart of Cannonvale, this Hazelwood Gardens apartment ticks all the boxes for buyers searching for a spacious apartment that offers very affordable body corporate fees.

The apartment is positioned within a small complex in central Cannonvale, and the body corporate levies are much lower than you would expect to pay in comparison to most other apartment buildings (Approx $900 per quarter)

Located in a very convenient ground floor position, the easy access to this two-bedroom apartment enhances the property's appeal, making it an attractive option for all ages and a diverse range of occupants.

The spacious open-plan design allows for comfortable living and blends seamlessly out to the north-facing outdoor patio. This area is the ideal space where you can set up your outdoor living so you can entertain your guests all year round.

Inside the 131sqm furnished apartment are 2 bedrooms, two bathrooms (Ensuite in main bedroom), internal laundry, spacious kitchen and an expansive living room that provides more than enough room to live comfortably.

Fantastic tenants currently occupy this property until July 2024, so any investors can collect the solid rental return of $550 per week immediately once you settle.

Any buyers looking for a home to live in themselves are able to occupy the property once the current lease has expired.

Located in a highly sought-after location only 200m from the Cannonvale State School and the Whitsunday Shopping Centre, this building holds a great position within easy walking distance to everything Cannonvale has to offer.

Parking is available with one allocated undercover car space that also features a secure storage cupboard only meters away from the front door of the apartment.

Features include;

- 2 bedrooms, both rooms include built-in robes
- Combined lounge room and dining area
- Tidy kitchen, dishwasher, ample storage cupboards and pantry
- Spacious undercover patio area, tiled throughout
- One car space with additional secure storage cupboard
- Short stroll to the boardwalk, school and public transport
- Manicured gardens in the complex, access to the onsite pool
- Currently tenanted until Jul 2024 ($550 per week)

Buyers will be impressed with the low body corp fees and the spacious layout of this apartment. The owner is very realistic about their price expectations and we are selling!

For more information or to arrange your private viewing, contact exclusive marketing agent Adam Webster from Ray White today!

Please note a minimum of 24 - 48 hour notice period for inspections will be required due to the property being occupied by tenants.

Property History for Lot 16/20 Island Dr, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$350,000
11 Mar 2024
Listed for Rent
$260/w
20 Mar 2017
  • 11 Mar 2024
    Sold for $350,000
  • 03 Mar 2024
    Listed for Sale SOLD BY Adam Webster
  • 11 Jun 2023
    Listed for Rent $550 / week
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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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Contact agent
Adam Webster
Show contact details
Ray White Whitsunday
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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.