6/19 Tropic Road, Cannonvale, QLD, 4802

SoldMar 14, 2025

6/19 Tropic Road, Cannonvale, QLD, 4802

Amount undisclosed

103 m²

Unit

•

1 day on the market

Sold: Mar 14, 2025

What's around 6/19 Tropic Road

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!

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Buyer's review

about 1 year ago

Verified Review

Wonderful professional and obliging service

From the very first meeting Alex was always very approachable and extremely helpful, she is very professional, understands the market and gives good strong advice. I was most impressed and delighted with her handling of my purchaseĺ I was

Russell Pilgrim

Buyer