118/2-6 Eshelby Drive, Cannonvale QLD 4802

Well-located two-bedroom unit | pool and parking included | strong rental yield near 5.6% | above suburb median but justified by complex quality This property sits in a well-served coastal pocket of Cannonvale with direct access to beach, school, and retail, making it a practical choice for owner-occupiers or investors targeting reliable rental demand. The estimated rental yield of 5.6% is solid for the area, and the complex’s 70% owner-occupier ratio suggests stable management and lower turnover risk. Air conditioning, built-in robes, and an in-ground pool add genuine liveability and tenant appeal. For a buyer seeking a low-maintenance unit with a strong location advantage and no flood or bushfire overlay, this property offers a defensible entry point above the suburb median. The main risk is the absence of disclosed strata fees and body corporate levies, which could materially affect holding costs and net yield. With only six recent sales in a 104-property complex, liquidity is moderate, and the 0% auction clearance rate hints at a slower sale process. On the upside, the strong school catchment and short days on market for two-bedroom units in Cannonvale suggest consistent demand. This property is best held as a medium-term rental investment or a lock-and-leave home, with the pool and low-maintenance layout supporting steady occupancy.