SOLD
Sold on 25 Feb 2024 for $770,977

11 Shute Harbour Road
Cannonvale QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 117m2
Land area: 1451m2
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Property Details for Lot 7/11 Shute Harbour Rd, Cannonvale

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.

Building Type
Unit
Year Built
2007
Floor Size
117m2
Land Size
1451m2
Local Government
Whitsunday Regional
Lot/Plan
7/SP194451

Last Listing description (August 2023)

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

Property History for Lot 7/11 Shute Harbour Rd, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$770,977
25 Feb 2024
  • 25 Feb 2024
    Sold for $770,977
  • 11 Jul 2023
    Listed for Sale SOLD BY RAY WHITE
  • 18 Apr 2023
    Sold for $693,000
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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.

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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.