Back 32/159 Shingley Drive
Off Market

32/159 Shingley Drive

Cannonvale QLD 4802

1
1
1
95 m²
Unit
Brad SobottBrad Sobott, last sold this property on 06 July 2025 after 23 days on market.

Overview

Waterfront Bliss – $75K Gross Return mixed with lifestyle

Set right on the water's edge, this modern one-bedroom, one-bathroom apartment is more than just a serene escape – it's a smart investment delivering a gross return of approximately $75,000 per year. With its peaceful outlook, clean design, and secure off-street parking, this is an ideal property for those seeking lifestyle and income in one. Step inside to a sunlit, open-plan living area that flows through to a waterfront outdoor space – the perfect place to unwind or entertain. The kitchen is sleek and functional, while the spacious bedroom and modern bathroom provide everyday comfort with ease. The apartment's layout is well thought out, with every corner designed for low-maintenance living. Currently holiday let with the on-site management to manage the bookings, cleaning and maintenance yet giving you the freedom to book a stay for yourself when you need some time to unwind. The secure car space is an added bonus and positioned within easy reach of shops, public transport, and scenic riverside walkways, this apartment offers a true blend of connection and calm. Gross Income - 2023/24 $75,031 Strata Levies pa $5,491 Council rates pa $3,628 Whether you're after a high-performing investment, a first step into the market, or an Airlie Beach base with unbeatable appeal, this property delivers on all fronts. Waterfront living with a solid return – this one won't last. Disclaimer All income and expense figures provided are approximate only and intended for general information purposes. They are based on the information available at the time and may change without notice. These figures should not be relied upon as exact or guaranteed outcomes.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
95 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Cannonvale over the last 12 months, the estimated median property value of 32/159 Shingley Drive is $485.39k.

Median value
$485.39k
Estimated value range
$330k - $620k
Median days on market
16
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cannonvale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 32/159 Shingley Drive

2025
Sold
Undisclosed
Private Sale/Treaty on 06 Jul 2025 by Brad Sobott, of Taylors Property Specialists

Happy sellers in Cannonvale

90%
90% of sellers in Cannonvale reported that their sale price either exceeded or met their price expectations.

Cannonvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 100 reviews in Cannonvale over the last 12 months.

Local market activity for 1 bedroom units in Cannonvale

In the last 12 months, 3 one-bedroom units similar to 32/159 Shingley Drive, have been sold.

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