Lot 2/152-154 Shute Harbour Rd, Cannonvale is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 220m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
For sale inline or individually, offering the opportunity to the savvy investor looking to capitalize on the regions 0.5% vacant rates with an exceptional holding of two units in a block of four price competitively at $349,000 each.
Offering over 6% return these units have been recently renovated and painted. Unit 1 has recently had a 12 month lease put in place for $550pw and unit 2 remains vacant.
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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