Current owner has decided not to renovate/repair and wants out. This unique Complex of 11 free standing units is situated on a massive 3,669m2 parcel of land, one title, in the centre of Cannonvale. Zoned low-medium density Residential B, 36a Stewart Drive is surrounded by residential houses and street shops; a short walk to the newly upgraded family beach on the Coral Esplanade, schools, and major shopping area of Whitsunday Shopping Centre. Conveniently centred in the middle of the lifestyle areas of the Whitsundays, boating ramp, and Airlie Beach’s restaurants, the gateway to the magnificent Islands of the Tropical Whitsunday’s.
Consisting of 6 x free standing concrete Bungalows, 4 x 2 bedroom free standing concrete Bungalows, and 1 x 2 Bedroom Colorbond Home with brand new roof. Tropical gardens and paved walkways separate the bungalows in the complex with plenty of off-street parking.
If renovated, there is the potential to secure a solid, reliable income of approximately $150,000 plus per annum in long term lease or maybe more in holiday let accommodation.