5 Barnes Place
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About this property
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.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 6
- Bathrooms
- 2
- Parking
- 4
- Land Area
- 800 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Cannonvale
This 6-bedroom house in Cannonvale, QLD 4802 sits within reach of public transport, local shops and nearby schools. It is listed 29% above the $695,000 median of 69 comparable houseswithin 5 km.
Schools near Cannonvale
- Whitsunday Christian Collegecombined · Prep-12 · CoEd
- Cannonvale State Schoolprimary · Prep-6 · CoEd
What's nearby
- Shute Harbour Rd at Macarthur Dr (bus) — 326 m away
- Artisan Bakehouse — 685 m away
- Unnamed — 101 m away
- Unnamed — 122 m away
- Tropic Park — 320 m away
Cannonvale at a glance
Full suburb profile- Population
- 6,596
- Median age
- 37
- Household income
- $1,639/wk
- Median rent
- $360/wk
- Median mortgage
- $1,713/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Cannonvale price trend
Median sold · House 4 bed
Compound growth +12.1% / yr over 4 yrs
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