2/3 Eshelby Dr, Cannonvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 114m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Cannonvale in the last 12 months.
Situated in a secure and well-cared-for complex with a pool, this two-bedroom unit offers the perfect mix of convenience and steady returns. Tenants are already in place, paying $390 per week until June, ensuring immediate rental income from day one.
Positioned within walking distance to shops, schools, and the beach, this location is always in demand, making it a fantastic long-term investment.
Whether you're an experienced investor or just getting started, this is an affordable and low-maintenance opportunity to secure a property in one of Cannonvale's most desirable areas.
Investment Highlights:
Purchase Price: circa $300,000
Tenants Paying: $390 per week until June ($20,280 annually)
Body Corporate Fees: approx. $6,200 per year
Rates: approx. $3,000 per year
Management Fees: approx. $1,785 per year
GROSS Rental Yield: 6.76%
A solid investment in a fantastic location-don't miss out!
Contact us today for more details or to arrange an inspection.
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 4,623 properties. Over the last 5 years, Houses in Cannonvale have seen a 97.05% increase in median value, while Units have seen a 128.73% increase. As at 31 January 2026:
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