3 Schnapper Street, Cannonvale QLD 4802

SOLD BY RAY WHITE - EXPRESSION OF INTEREST

12 beds

8 baths

6 parking

SOLD BY RAY WHITE - FREEHOLD UNIT BLOCK NO BODY CORPORATE

With the current pressure on the rental market pushing yields higher and vacancy rates dropping below 1% - there has never been a better time to invest in affordable housing options.

This unit block, with 4 units on one title is offered for sale in one line, only two streets back from Cannonvale Beach, the location is hard to beat.

The modern building is less then 10 years old, has been a strong performer for the current owners with long term tenants, and high demand providing options for improved yield.

Each townhouse is double story with three bedrooms and two bathroom on the upper level, the master includes a walk in robe and private ensuite and the ground level includes lounge, kitchen and dining with separate laundry and outdoor alfresco area and courtyard style backyard.

The annual income exceeds $70,000 per annum with modest outgoings limited to Rates and Insurances.

Please email for full information Memorandum.

Property Details

• Type: BlockOfUnits
• Bedrooms: 12
• Bathrooms: 8
• Garage Spaces: 4
• Other Parking: 2