Lot 7/11 Shute Harbour Rd, Cannonvale is a bedroom, bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 1451m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other bedroom Unit sold in Cannonvale in the last 12 months.
Lot 7 / 11 Shute Harbor Road is part of the Commercial Whitehaven Park Estate precinct.
The land is zoned major centre and the Vendors have obtained Development Approval (DA) to build a modern 3-unit (Sheds) Low Impact Industrial building on the site.
The DA is dated 15 December 2021 and is current until 15 December 2027.
Proposed Sheds approved are described as follows:
Shed 1- Floor Area 234 m2, Mezzanine (Staff Room and Toilet) 15.8 m2.
Shed 2. Floor Area 211.9 m2, Mezzanine (Staff Room and Toilet) 15.8 m2.
Shed 3. Floor Area 183.5 m2, Mezzanine (Staff Room and Toilet) 15.8 m2.
The Shute Harbour Road upgrade works have now commenced and when completed the Whitehaven Park Estate will have direct access from Shute Harbour Road making this site a much more attractive and convenient location for operating a business and obtaining tenants.
DA report is available upon request.
Contract Brett Dwyer 0447 583 759 or brett.dwyer@raywhite.com
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 4,440 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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