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Overview
Set on a spacious 1,003sqm allotment in a quiet Cannonvale locale, this unique property offers two well-maintained double-storey residences on the one title, epitomizing investment versatility and long-term potential.
The combined six-bedroom layout across the dual homes provides flexible accommodation options ideal for investors, multi-generational families, or those seeking rental income alongside owner-occupation. Both residences benefit from air-conditioning in main bedrooms and living areas, enhancing comfort in the tropical climate. Solar panels on one home contribute to efficient energy use, while separate metering allows for straightforward utility management.
Each dwelling features private outdoor spaces, underpinning an indoor-outdoor lifestyle prized in the region, with undercover parking and additional off-street spaces catering to multiple vehicles. The low-maintenance established gardens soften the setting while ensuring privacy and ease of upkeep.
An existing tenant currently leases one residence until January 2027, with an attractive rental appraisal of approximately $750 per week, securing immediate income. Absence of body corporate fees further adds appeal by reducing ongoing costs. For buyers looking ahead, there is potential for future subdivision or separate titles subject to council approval (STCA), increasing the property's value proposition.
Conveniently located close to schools, shops, transport, beaches, and Airlie Beach amenities, this property represents a rare opportunity to combine lifestyle flexibility with strong investment fundamentals in a sought-after coastal community.
Local Market Insights
In Cannonvale, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,250,000. The property type mix of listed properties is predominantly Houses at 44%, followed by units (21%), and land (19%). The only agency with for duplexes listings currently monitored in the Cannonvale area is McGrath Estate Agents. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,250,000 | |
| Offers Overs $1,250,000 |
Location
Market Insights for Cannonvale QLD 4802
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