5 Barnes Place, Cannonvale QLD 4802
Property Details
6
2
Semi-detached
Description
Property Details: • Type: Semi-detached
• Bedrooms: 6 • Bathrooms: 2
Description: New to the market, this outstanding dual-income property is set on a generous 800sqm block in the heart of Central Cannonvale. Offering a partially renovated duplex with excellent rental potential, this is an ideal opportunity for investors seeking strong returns and immediate cash flow. Alternatively, it's perfectly suited to multi-generational families wanting space, flexibility, and the convenience of living together while maintaining privacy. With duplex properties continuing to grow in popularity among savvy investors, this property represents a smart addition to any portfolio or a strategic entry into the market. Key Investment Highlights: Potential Weekly Rental Income: Unit 1 is currently tenanted at $500 per week. Unit 2, freshly renovated is currently tenanted at $600 per week - a combined return of $1,100 per week. No strata or body corporate fees maximise your returns without the extra costs. Each Unit Features: Three generously sized bedrooms, with a private balcony off the master Well-appointed bathroom with separate shower and bath Open-plan kitchen, living and dining area ideal for relaxed living and entertaining Large, fully fenced backyard perfect for families, pets, and outdoor enjoyment Ceiling fans throughout for year-round comfort Additional Property Highlights: No body corporate fees Council rates approximately $3,372 per half-year Unit 2 recently refreshed with full internal repaint, new ceiling fans, updated lighting, kitchen upgrades and air-conditioning Expansive 800sqm block offering excellent outdoor space and added appeal Conveniently located close to schools, shops, and public transport Whether you're searching for a high-performing investment with growth potential or a spacious property to accommodate extended family living, this versatile duplex delivers on both lifestyle and financial opportunity. Don't miss your chance to secure this exceptional property.
Location
Address
5 Barnes Place, Cannonvale QLD 4802
City
Cannonvale
Features and Finishes
None
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