13 Beach Road, Cannonvale QLD 4802

13 Beach Road, Cannonvale | 18-bedroom, 9-bathroom block | 16-car parking, 1,012 m² land | Long-held, tightly held multi-unit in Whitsundays tourism corridor | Income-producing configuration with repositioning potential This property presents a rare buying case in Cannonvale: a multi-unit block with 18 bedrooms and 16 car spaces on a single 1,012 m² parcel, held by the same owner for over two decades. The configuration signals purpose-built accommodation capacity, likely supporting either long-term rental or short-stay holiday income in a coastal market tied to Airlie Beach and Whitsundays tourism. For a buyer seeking scale in a tightly held coastal pocket, the land-to-bedroom ratio and parking provision offer flexibility not commonly found in standard apartment offerings. The property suits an investor or operator looking for immediate cash flow with options to reposition or redevelop under appropriate zoning. The primary risk is the lack of confirmed title structure, tenancy schedule, and building condition—each of which directly affects yield and exit strategy. Without knowing whether the property is freehold or strata, or the age and state of improvements, the buyer carries uncertainty around outgoings and compliance costs. The opportunity lies in the property’s long-term holding history, which implies stable demand, and the potential to upgrade or reconfigure the units to capture higher tourism-season returns. A buyer should commission a full due diligence on income, zoning, and structural condition before proceeding. Hold this property for income with an eye on repositioning within five to seven years.