5 Barnes Place,

Cannonvale

New to the market, this outstanding dual-income property is set on a generous 800sqm block in the heart of Central Cannonvale. Offering a partially renovated duplex with excellent rental potential, this is an ideal opportunity for investors seeking strong returns and immediate cash flow. Alternatively, it's perfectly suited to multi-generational families wanting space, flexibility, and the convenience of living together while maintaining privacy.

With duplex properties continuing to grow in popularity among savvy investors, this property represents a smart addition to any portfolio or a strategic entry into the market.

Key Investment Highlights:

• Potential Weekly Rental Income: Unit 1 is currently tenanted at $500 per week. Unit 2, freshly renovated is currently tenanted at $600 per week - a combined return of $1,100 per week.
• No strata or body corporate fees - maximise your returns without the extra costs.

Each Unit Features:

• Three generously sized bedrooms, with a private balcony off the master
• Well-appointed bathroom with separate shower and bath
• Open-plan kitchen, living and dining area - ideal for relaxed living and entertaining
• Large, fully fenced backyard - perfect for families, pets, and outdoor enjoyment
• Ceiling fans throughout for year-round comfort Additional Property Highlights:
• No body corporate fees
• Council rates approximately $3,372 per half-year
• Unit 2 recently refreshed with full internal repaint, new ceiling fans, updated lighting, kitchen upgrades and air-conditioning
• Expansive 800sqm block offering excellent outdoor space and added appeal

Conveniently located close to schools, shops, and public transport Whether you're searching for a high-performing investment with growth potential or a spacious property to accommodate extended family living, this versatile duplex delivers on both lifestyle and financial opportunity. Don't miss your chance to secure this exceptional property.