173 Kanervo Rd, Koah is a 4 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 396700m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
A simple equation will quickly determine the enormous potential and ROI this property offers in terms of a development prospect, 98 acres of absolute freehold country with long western boundary fronting pristine Davies Creek.
An unmatched opportunity here on offer for the first time in almost 40 years for a savvy investor to acquire a property of such significant scale located within the highly sought after Koah precinct.
The offering incorporates mostly flat country that if subdivided into approximately 10 x 10 acre lots all with the possibility of having creek frontage, the acreages would certainly attract the iconic lifestyles with horses, cattle and pets with priority of still being within a short commute to Cairns city.
The size of Koah is approximately 225.3 square kilometres. It has 8 parks covering nearly 109.9% of total area. The population of Koah in 2011 was 575 people. By 2016 the population was 605 showing a population growth of 5.2% in the area during that time. The predominant age group in Koah is 40-49 years. Households in Koah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koah work in a trades occupation. In 2011, 74.7% of the homes in Koah were owner-occupied compared with 79.4% in 2016.
Koah has 323 properties.
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