5 Picaninni Close
Cannonvale, QLD 4802

Overview

Entry Level Home

This property presents an excellent opportunity for those looking to enter the property market at an affordable price point. It is an older style home that offers a solid foundation for home ownership, allowing new owners to stop paying rent and begin investing in their own property. The home provides a chance to live in the property while gradually upgrading and personalizing it to suit individual tastes and needs.

The residence features three bedrooms and one bathroom, making it suitable for small families, couples, or individuals seeking extra space. The home is highset, which can provide benefits such as improved ventilation and protection from flooding. The property sits on a generous 782 square meter parcel of level land, located in a quiet cul-de-sac, offering privacy and a peaceful environment.

The land is zoned for low density residential use, ensuring a tranquil neighborhood atmosphere. Importantly, there are no easements on the land, which means the entire parcel is available for use without restrictions. Currently, the property is rented under a periodic tenancy, providing potential rental income for investors or flexibility for owner-occupiers.

Due to the property being tenanted, any inspections require a minimum of 48 hours notice to the tenant, respecting their privacy and tenancy rights. This arrangement ensures a smooth transition for all parties involved.

Overall, this home is ideal for buyers seeking an affordable entry into the housing market with the potential to add value through renovations and improvements. Its location in a quiet cul-de-sac and the size of the land make it a desirable option for those looking to establish a foothold in the Cannonvale area.

Location