6/4 Island Drive, Cannonvale, QLD 4802 | Property Value & History | OnTheHouse
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6/4 Island Drive
Cannonvale QLD 4802

Bedrooms: -
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Car spaces: 3
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Property Details for 6/4 Island Dr, Cannonvale

Building Type
Commercial
Local Government
Whitsunday Regional

Last Listing description (May 2026)

Suite 6, 4 Island Drive, Cannonvale presents an outstanding opportunity to secure a quality commercial investment within the well-known Conway House professional centre.

Positioned in one of Cannonvale's most established business precincts, the property is home to Regional Insurance Brokers (RIB) - a long-standing and highly respected insurance brokerage with deep roots across regional Queensland.

With a secure lease in place and a proven tenant operating successfully from the premises, this property offers investors the type of stability and certainty that is increasingly difficult to find in the local commercial market.

Property Highlights

162m professional office suite
Prime location within the tightly held Conway House complex
Secure lease in place until 1 July 2027 plus 1 x 5 year option
Three exclusive undercover car parks
Fully air-conditioned throughout
Quality professional office layout

For investors, the combination of a well-presented office suite, strong tenant covenant and established commercial location creates a compelling long-term investment opportunity.

Tenant Profile - Regional Insurance Brokers (RIB)

Regional Insurance Brokers is one of Queensland's longest-serving independently owned insurance brokerages.

Established in 1981, the business has operated continuously for more than 40 years, building a strong reputation for providing professional insurance advice and risk management services to businesses and individuals across regional Queensland.

RIB specializes in commercial, personal and specialty insurance solutions and maintains strong relationships with major insurance providers across Australia, allowing them to deliver tailored coverage for their clients.

Their longevity and reputation within the industry provide investors with confidence in the stability of the tenancy.

Tenant strengths include:

Over four decades of continuous operation
Established and respected insurance brokerage
Strong client relationships across regional Queensland
Proven business stability and ongoing growth

Conway House - Established Professional Precinct

Suite 6 is located within Conway House, directly opposite the Whitsunday Shopping Centre, placing it at the centre of Cannonvale's commercial activity.

The complex is surrounded by established professional services including Ideal Placements, Rapid Building Approvals, Combined Therapies and Bogie & Co Solicitors. Both Conway House and the neighbouring Cumberland House enjoy consistently strong occupancy, reflecting the desirability of this location for professional businesses.

A Reliable Commercial Investment

The Whitsundays region continues to benefit from population growth, tourism expansion and increasing small-business activity. Commercial properties with strong tenants and long lease terms are tightly held, making opportunities like this increasingly sought after.

Suite 6 offers investors a secure income stream, reputable tenant and prime location within one of Cannonvale's most established business hubs.

Whether you are an experienced commercial investor or looking to enter the commercial property market, this property represents a dependable long-term asset.

For further information or to arrange an inspection, please contact:

Brett Dwyer
Ray White Whitsunday
0447 583 759
brett.dwyer@raywhite.com

Property History for 6/4 Island Dr, Cannonvale, QLD 4802

A timeline of how this property has performed in the market
  • 14 Nov 2025
    Listed for Sale SOLD By Brett Dwyer
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About Cannonvale 4802

The size of Cannonvale is approximately 7.2 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Cannonvale in 2016 was 5716 people. By 2021 the population was 6596 showing a population growth of 15.4% in the area during that time. The predominant age group in Cannonvale is 30-39 years. Households in Cannonvale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannonvale work in a trades occupation.In 2021, 52.70% of the homes in Cannonvale were owner-occupied compared with 48.10% in 2016.

Cannonvale has 4,624 properties. Over the last 5 years, Houses in Cannonvale have seen a 83.31% increase in median value, while Units have seen a 119.23% increase. As at 30 April 2026:

  • The median value for Houses in Cannonvale is $870,531 while the median value for Units is $551,170.
  • Houses have a median rent of $780 while Units have a median rent of $575.
There are currently 32 properties listed for sale, and 37 properties listed for rent in Cannonvale on OnTheHouse. According to Cotality's data, 374 properties were sold in the past 12 months in Cannonvale.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.