SOLD BY RAY WHITE- $550pw Rental Return with low outgoings

For sale inline or individually, offering the opportunity to the savvy investor looking to capitalize on the regions 0.5% vacant rates with an exceptional holding of two units in a block of four price competitively at $349,000 each.

Offering over 6% return these units have been recently renovated and painted. Unit 1 has recently had a 12 month lease put in place for $550pw and unit 2 remains vacant.

The versatility of the units allow you to live in one whilst renting the other.

Also ideal for the first home buyer or downsizer with affordable body corp of less than $1,200 per qtr. with very little ongoing maintenance.

The two-storey floorplans are mirrored with each apartment offering three bedrooms, two bathrooms and garage parking for one car. The ground floor offers the open-plan kitchen, dining, living and media zones with direct access to the covered outdoor areas.

Upstairs, you will find the bedrooms, all with built-in robes, including the main bedroom with an ensuite and balcony access. Air-conditioning throughout ensures absolute comfort while the list of extra features includes balcony access from the second bedroom, stone benchtops in the kitchen and laundry facilities in the garage.

Located in central Cannonvale this complex is ideally located within walking distance of amenities such as Cannonvale Beach, local school and shopping center.

These units are set within a small complex of just four residences with one vacant and the other tenanted they will suit either of your needs.

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School catchments

Cannonvale State School Primary Prep-6 Government 0.81km
Whitsunday Christian College Combined Prep-12 Independent 2.2km
St Catherine's Catholic College The Whitsundays Combined Prep-12 Catholic 18.2km
Proserpine State High School Secondary 7-12 Government 18.4km
Proserpine State School Primary Prep-6 Government 18.6km
Hamilton Island State School Primary Prep-6 Government 28.2km
Hayman Island State School Primary Prep-6 Government 31.3km
Bloomsbury State School Primary Prep-6 Government 48.3km
Townsville Flexible School - Bowen Campus Secondary Catholic 55.1km
Bowen State School Primary Prep-6 Government 55.5km
St Mary's Catholic School Primary Prep-6 Catholic 55.5km
Bowen State High School Secondary 7-12 Government 56.9km
Queens Beach State School Primary Prep-6 Government 59.1km
Merinda State School Primary Prep-6 Government 62.2km
Pindi Pindi State School Primary Prep-6 Government 66.0km
Calen District State College Combined Prep-12 Government 69.6km
Seaforth State School Primary Prep-6 Government 76.9km
Hampden State School Primary Prep-6 Government 90.5km
Collinsville State High School Secondary 7-12 Government 94.4km
Mirani State High School Secondary 7-12 Government 99.4km
Mackay Northern Beaches State High School Secondary 7-12 Government 100.4km
Carlisle Adventist College Combined Prep-12 Independent 103.8km
Pioneer State High School Secondary 7-12 Government 104.2km
Whitsunday Anglican School Combined Prep-12 Independent 104.2km
Holy Spirit College Secondary 7-12 Catholic 104.5km
Mackay North State High School Secondary 7-12 Government 105.7km
Mackay Christian College Combined Prep-12 Independent 106.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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