;
Great Investment Opportunity. 11 Bungalows

36a Stewart Drive, Cannonvale, QLD 4802

16 beds 11 baths 14 cars
Block of Flats

$1,650,000

1 / 10
person
Luke Veron
36a Stewart Drive for Sale
Purchase 11 Individual Rentals for only $1.65M

Here is your opportunity to purchase in one line, a very profitable property of free standing homes on 3669m2 that rents consistently.

With a current return of $100,000 p/a + giving a gross return of 6%. There have been very little rent increases over the past few years and with very little effort, these homes would rent for more. There are no body corp fees however the property can be strata titled and has already got Council approval so you can sell them off separately or keep some and sell the others. All the hard work has been done and strata is in place if wanted.

The property consists of:

1x 2 bedroom house
4 x 2 bedroom bungalows
6 x one bedroom bungalows

This property is very close to the beach and shopping centre, and is well sort after by tenants. Each dwelling is individually free standing and fenced with private yards for tenants.

This is a great opportunity to establish a very viable portfolio

• Land Size:3669 m² (approx)
• Open Car Spaces:14
• Close to transport/shops/school/park/beach

Agent Interest
To book an inspection or to find out more about this 16 bedroom block of flats for sale at 36a Stewart Drive, Cannonvale, contact Luke Veron from Charles Stuart - Double Bay via the contact form or phone.

Features
Land Area: 3,669sqm
Parking: 14 spaces
What's Nearby
What's Nearby
Schools
Transport
Eats
Shopping
Inspection Times

There are no upcoming inspections or auctions scheduled. Email Agent to make an appointment.

How much can I borrow?
$
%
$2245.22 /month
Before you see the big banks, get a FREE tailored home loan quote in minutes
SA1 - 3135924 Meet the Neighbours near 36a Stewart Drive

Before you buy 36a Stewart Drive, Cannonvale spend a moment to look over these stats and figures about the properties in this neighbourhood pocket within Cannonvale. You can see demographics for the local area, including age and earnings. These stats are for 200 properties around 36a Stewart Drive, Cannonvale and then compares it to the rest of the suburb.

$2,919
Monthly Personal Income
$3,998
Monthly Household Income
$1,837
Monthly Mortgage Repayments
The average age is 39
Majority are Couples without children
Most residents Renting
Weekly Income
Pocket
Cannonvale
Employed as Retail trade
Retail trade
Construction
Accommodation and food services
Manufacturing
Rental hiring and real estate services
Pocket Profile
Ask Luke about 36a Stewart Drive, Cannonvale, QLD 4802
person
Luke Veron
Back to top