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36/3 Eshelby Drive, Cannonvale.

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$440,000

5.80% Net Yield | Beautifully Renovated | Ideal Home or Investment

Beautifully renovated throughout and presented in immaculate condition, this exceptional two-bedroom townhouse offers an outstanding opportunity for both owner-occupiers seeking a stylish, low-maintenance coastal home and investors looking for strong rental returns in one of Cannonvale's most sought-after locations. Whether you're looking to secure your first home, downsize without compromising on lifestyle, purchase a low-maintenance Whitsunday base or add a quality investment to your portfolio, this beautifully presented townhouse offers an exceptional combination of location, lifestyle and value. For the savvy investor, the numbers are compelling. With an estimated rental return of approximately $650 per week fully furnished, this property offers an impressive estimated net rental yield of approximately 5.80% based on the current $440,000 sales price, after allowing for body corporate and council/water rates. Even better, the body corporate is an incredibly low $4,057.78 per year, including building insurance, with the complex maintaining a very healthy sinking fund. The property is currently vacant and ready for immediate settlement, giving investors the flexibility to secure a tenant immediately, while owner-occupiers can move straight in and make it their own. Located within the highly regarded Whitsunday Paradise Apartments, the property enjoys an unbeatable position just a three-minute walk to Whitsunday Plaza and approximately five minutes on foot to Cannonvale State School. With shopping, cafés, public transport and everyday conveniences all within walking distance, this is an incredibly convenient location for everyday living. Freshly painted throughout, the home feels bright, modern and welcoming from the moment you step inside. The renovated kitchen is both stylish and practical, featuring a brand-new oven, generous storage and excellent bench space, while the separate lounge creates a comfortable living space away from the dining area. Air conditioning throughout ensures year-round comfort in the tropical climate. The stunning bathroom renovation, completed just last year, has been finished to an exceptional standard with premium fixtures and fittings, including quality toilet suites and elegant soft-close mirrored cabinetry, creating a luxurious finish rarely found at this price point. Upstairs, the main bedroom opens onto its own private balcony overlooking the resort-style swimming pool and tropical gardens, with glimpses of the sparkling Coral Sea. Imagine enjoying your morning coffee here or unwinding at the end of the day surrounded by tropical gardens and coastal views. The second bedroom features built-in cabinetry and generous storage, making it ideal as a guest bedroom, child's bedroom, home office or additional living space depending on your needs. Residents enjoy access to the beautifully maintained resort-style swimming pool surrounded by lush tropical gardens, creating a relaxed holiday-style atmosphere right at home. For investors, the property can be purchased fully furnished, providing a genuine turnkey opportunity with an estimated rental return of approximately $650 per week fully furnished. For owner-occupiers, the option to purchase furnished also provides the flexibility to move straight in without the expense and hassle of furnishing a new home. Just minutes from Airlie Beach, the Cannonvale Foreshore, Coral Sea Marina and the gateway to the world-famous Whitsunday Islands, this property combines lifestyle, affordability and investment potential in one exceptional package. Property Features: ✓ Beautifully renovated throughout and presented in immaculate condition ✓ Ideal for owner-occupiers, first-home buyers, downsizers or investors ✓ Estimated rental return of approximately $650 per week fully furnished ✓ Estimated net rental yield of approximately 5.80% based on a $440,000 sales price ✓ Exceptionally low body corporate of only $4,057.78 per year, including building insurance ✓ Healthy sinking fund within the complex ✓ High-demand Cannonvale location with strong long-term growth potential ✓ Premium bathroom renovation completed last year ✓ Quality fixtures, fittings and soft-close mirrored cabinetry ✓ Renovated kitchen with brand-new oven and generous storage ✓ Two spacious bedrooms ✓ Main bedroom with private balcony overlooking the resort-style pool and tropical gardens ✓ Glimpses of the sparkling Coral Sea ✓ Air conditioning throughout ✓ Option to purchase fully furnished ✓ Oversized covered carport with lockable storage and laundry area ✓ Resort-style swimming pool surrounded by tropical gardens ✓ Approximately three-minute walk to Whitsunday Plaza ✓ Approximately five-minute walk to Cannonvale State School ✓ Vacant and ready for immediate settlement Whether you're looking for your next home, a low-maintenance coastal lifestyle, a smart investment or a combination of both, this property offers the flexibility to suit a wide range of buyers. At just $440,000, with an estimated fully furnished rental return of $650 per week, low body corporate fees, an estimated net yield of approximately 5.80% and an outstanding Cannonvale location, this is an opportunity that makes sense both financially and as a place to call home. The property is vacant and ready to go, meaning you can move straight in and enjoy it, furnish it to your own taste, or secure a tenant and start generating an income immediately. Properties offering this combination of presentation, lifestyle, location and investment potential are becoming increasingly difficult to find. To arrange your private inspection, contact Sarah Dean on 0428 877 433 today. Don't miss your opportunity to secure this beautifully renovated Cannonvale townhouse.

Real Estate Agent
Property information
Property ID
222P656941
Property type
Unit
Home size
116.0 sqm
Furnished
Yes
Pets
Considered
Council rates
$4018.40 per year
Water rates
$219.94 per year
Strata levies
$3300.0 per year
Strata sinking
$757.78 per year
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