32/159-171 Shingley Drive

Cannonvale QLD 4802

Set right on the water's edge, this modern one-bedroom, one-bathroom apartment is more than just a serene escape it's a smart investment delivering a gross return of approximately $75,000 per year. With its peaceful outlook, clean design, and secure off-street parking, this is an ideal property for those seeking lifestyle and income in one.Step inside to a sunlit, open-plan living area that flows through to a waterfront outdoor space the perfect place to unwind or entertain. The kitchen is sleek and functional, while the spacious bedroom and modern bathroom provide everyday comfort with ease. The apartment's layout is well thought out, with every corner designed for low-maintenance living.Currently holiday let with the on-site management to manage the bookings, cleaning and maintenance yet giving you the freedom to book a stay for yourself when you need some time to unwind.The secure car space is an added bonus and positioned within easy reach of shops, public transport, and scenic riverside walkways, this apartment offers a true blend of connection and calm.Gross Income - 2023/24 $75,031Strata Levies pa $5,491 Council rates pa $3,628Whether you're after a high-performing investment, a first step into the market, or an Airlie Beach base with unbeatable appeal, this property delivers on all fronts. Waterfront living with a solid return this one won't last.DisclaimerAll income and expense figures provided are approximate only and intended for general information purposes. They are based on the information available at the time and may change without notice. These figures should not be relied upon as exact or guaranteed outcomes.