The opportunity to purchase an investment property with one of the Whitsundays' oldest, and most reliable established business, that represents a stable income and safe investment for an investor that will see rental increases of 2.5% per annum over 7 years is one not to be missed.
Property Overview
Unit 4/3 Carlo Drive, Cannonvale QLD 4802 is conveniently located in Cannonvale with easy access to the main arterial roads, shopping centres, transport, professional consultants, general business and industry.
The current use is headquarters /administration and distribution warehouse for Adelyn Retail Consultancy Pty Ltd.
• Zoning: Low Impact Industry
• Office Floor Area: Approx. 93m²
• Mezzanine Office Area: Approx. 92m²
• Warehouse Floor Area: Approx. 277m²
• Total Area: Approx. 462m²
The tenant, Adelyn Retail Consultancy Pty Ltd commenced operations 26 April 1994 and has been operating retail outlets in Airlie Beach and Cannonvale for over 31 years.
Adelyn Retail Consultancy Pty Ltd currently owns and operates the following iconic retail outlets.
Airlie Beach Trading Post Souvenirs QLD
The Top Shop Airlie Beach
Beach Worx Airlie Beach
Beach Worx Cannonvale
Billabong Airlie Beach
Salty Kisses Airlie Beach
Adelyn Retail Consultancy Pty Ltd has navigated pilot strikes, the GFC, several Cyclones and more recently the COVID pandemic and continues to prove their resilience through these difficult economic periods.
The business is a large employer of local people that have been with the business for generations in some cases.
Financial information including Commercial Lease and Form 2 - Sellers disclosure is available upon request whilst private inspection will be by appointment.
Contact Sales Agent
Brett Dwyer
0447 583 759
brett.dwyer@raywhite.com
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 92.15% increase in median value, while Units have seen a 113.77% increase. As at 31 March 2026:
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