11/164 Shute Harbour Road Cannonvale, QLD 4802

11/164 Shute Harbour Road, Cannonvale QLD 4802 - Regatta Whitsunday

Positioned in one of Cannonvale's most convenient and consistently sought-after locations, this two-storey townhouse within the popular Regatta Whitsunday complex presents an outstanding opportunity for investors and value-add buyers alike.

Held as a long-term rental since the complex was originally constructed, this townhouse has provided consistent occupancy and reliable income over the years. As a result, the property is now ready for a new owner to undertake some care and attention, with the potential to modernise and enhance the presentation to suit today's market.

Offering a total area of 146m², the layout is well designed across two levels, providing excellent separation between living and accommodation zones - a proven configuration that continues to appeal strongly to tenants and owner occupiers.

Upstairs includes three well-sized bedrooms, including a main bedroom with ensuite, along with the main bathroom and internal laundry. Downstairs offers a functional kitchen, open-plan lounge and dining area, and seamless access to a private outdoor timber deck - ideal for relaxed everyday living. Additional features include a single lock-up garage and a convenient ground-floor WC.

Outstanding Value in the Complex

With an asking price of $480,000, this property represents exceptional value compared to the most recent sales within this tightly held 12-unit complex, including:

Sale September 2025 - $520,000
Sale October 2025 - $555,000
Sale November 2025 - $575,000

This pricing gap reflects the opportunity on offer, particularly for buyers seeking a DIY renovation / improvement project with the ability to quickly add value through updates and presentation improvements.

Sold "As Is / Where Is"

The property is being offered for sale "as is, where is", making it an ideal prospect for renovators, investors, or hands-on buyers looking to secure a foothold in a high-demand Cannonvale location and improve the asset over time.

Conveniently located on Shute Harbour Road, the townhouse is close to Cannonvale shopping centres, public transport, schools and essential services - further strengthening its long-term desirability and investment fundamentals.

The Townhouse is presently vacant and ready for inspection.

For further information or to arrange an inspection, please contact:

Brett Dwyer
Ray White Whitsunday
(M) 0447 583 759