5 Beach Road

Cannonvale QLD 4802

Positioned in a highly sought-after pocket of Cannonvale, 5 Beach Road presents an exciting opportunity for investors, owner-occupiers and developers alike. Combining a recently renovated, fully furnished residence with favorable medium-density zoning and an enviable coastal location, this property offers immediate appeal with genuine future potential.The existing three-bedroom, two-bathroom home has been thoughtfully renovated across both levels and is presented fully furnished, allowing a new owner to take advantage of the property from day one. Currently approved for short-term holiday letting, the home generated a proven $81,000 in income during the last financial year, highlighting its strong investment credentials and appeal as a holiday accommodation property.For those looking to secure a coastal home for themselves, the property also offers a fantastic opportunity to enjoy the Whitsunday lifestyle, with Cannonvale Beach just a short stroll away. From here, the picturesque boardwalk provides easy access along the waterfront towards the marina, boat ramps and the vibrant heart of Airlie Beach, placing an array of beaches, cafes, restaurants, shops and recreational activities within easy reach.Adding further appeal is the property's favorable medium-density zoning, together with a code-assessable 12-metre height allowance, providing exciting options for future development, subject to the necessary approvals. Whether you choose to continue operating the existing residence as a high-performing short-term rental, make it your own coastal residence, or explore the property's longer-term development potential, the possibilities are considerable.Key Features Three-bedroom, two-bathroom renovated home 1016m2 site with triple street frontage Renovated throughout both upstairs and downstairs Fully furnished and ready to occupy or continue holiday letting Approved for short-term holiday letting Proven income of $81,000 in the last financial year Favorable medium-density zoning 12m code-assessable height allowance Potential for future development, subject to council approval Ideal investment, permanent residence or development opportunity Short stroll to Cannonvale Beach Easy access to the waterfront boardwalk Close to the boat ramps and marinaOpportunities combining strong existing income, a desirable coastal lifestyle and genuine future development potential are increasingly hard to find. 5 Beach Road offers the chance to secure a versatile property in the heart of Cannonvale, with the flexibility to enjoy its current returns while retaining exciting options for the future.