3 Schnapper Street, Cannonvale QLD 4802

This unit block of four, two storey townhouses on one title is now offered for sale via expression of interest.

Only two streets back from Cannonvale Beach, the location is hard to beat.

The modern building currently fully tenanted with solid returns, with high demand providing options for improved yield.

Each townhouse is double story with three bedrooms and two bathrooms 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.

Well maintained with modern fixtures and fittings - fully air conditioned.

Recent improvements include
- renovated ensuites in two of the units
- new carpet
- fresh paint

The current annual income exceeds $100,000 per annum, with updated rental appraisal showing $130,000 per annum, with modest outgoings limited to Rates and Insurances only - no body corporate.