1&2/5 Barnes Place, Cannonvale QLD 4802

New to the market this exceptional dual-income property, perfectly situated on a generous 800sqm block in Central Cannonvale. This partially renovated duplex has the potential for strong rental returns, ensuring immediate cash flow. Alternatively, it provides the perfect setup for multi-generational families, offering plenty of space for everyone to live comfortably together!
Duplexes are becoming more popular as a real estate investment opportunity among experienced real estate investors and as a reliable income generator for those looking to enter the real estate market.

Key Features:
-Potential Weekly Rental Income: Currently Unit 1 is rented for $420 / week and Unit 2 is vacant having just completed renovations. A current appraisal indicates a potential income of $960 per week for both units. Enjoy the added benefit of no strata fees!

Each unit offers the following:
- Three spacious bedrooms, balcony off the main bedroom
- One bathroom with shower and bath
- Open-plan kitchen, lounge, and dining area, perfect for entertaining
- Expansive fully fenced rear garden for outdoor relaxation, ideal for families and children to play
- Ceiling fans throughout

Property Highlights:
- No Body Corporate fees!
- Council rates approximately $3,372 per half-year
- Unit 2 has recently been completely repainted with new fans and lights and a kitchen upgrade
- The spacious block offers ample outdoor space, enhancing the appeal of both units.
- Close to local schools, shops, and transport links.
This dual-income property is a fantastic opportunity for investors seeking a well-located, low-maintenance asset with growth potential or for multi-generational families looking for extra space to thrive together. Don't miss your chance to secure this valuable addition to your portfolio or family lifestyle!

*As per legislation governed by the 2014 Property Occupations Act, we cannot disclose any price expectations for sales via public auction in Queensland.

This property is to be offered for sale by Public Auction on Monday the 18th November at 5:30pm at the Whitsunday Marine Club.
Don't miss the opportunity to make this beautiful presented home your own, contact Helen Maund on 0409 113 282 or Amy Sumner 0448 622 623 for further information.