Price Undisclosed

2 Bed  •  1 Bath  •  1 Car  •  103m²

Main view of Homely unit listing, 6/19 Tropic Road, Cannonvale QLD 4802
Second view of Homely unit listing, 6/19 Tropic Road, Cannonvale QLD 4802
Third view of Homely unit listing, 6/19 Tropic Road, Cannonvale QLD 4802
+6

Sold

6/19 Tropic Road, Cannonvale QLD 4802

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Price Undisclosed

  • 2
  • 1
  • 1
  • 103m²

Unit Sold on Fri 14 Mar, 2025

What's around Tropic Road

Unit description

“Affordable Investment Opportunity in Prime Cannonvale Location”

Set in a well-maintained complex with low body corporate fees, this two-bedroom unit is an incredible opportunity for investors or buyers looking to enter the market at an affordable price.

With a steady rental income of $350 per week and strong capital growth trends in Cannonvale, this property provides a reliable return with the potential to add value in the future. While the unit could benefit from some TLC, this presents a great chance to modernize and enhance its value over time.

Key Details:
✅ Purchase Price: $349,000
✅ Rental Income: $350 per week ($18,200 annually)
✅ Low Body Corporate Fees: approx $3,000 per year
✅ Rates: approx $4,000 per year
✅ Management Fees: $1,601.60 per year
✅ Gross Rental Yield: 5.22%

Cannonvale's property market is thriving, with units experiencing an 18.18% annual capital growth. This unit is an affordable entry into a high-growth market, making it a smart investment with future potential.

Don't miss out - make an offer today!

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

Other features

Close to Schools, Close to Shops, Close to Transport

Land details

Area: 103m²
Fourth view of Homely unit listing, 6/19 Tropic Road, Cannonvale QLD 4802View more
Fifth view of Homely unit listing, 6/19 Tropic Road, Cannonvale QLD 4802View more

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6/19 Tropic Road, Cannonvale QLD 4802
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