All Topics / Heads Up! / Land for sale in Cannonvale QLD

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  • Profile photo of CSI 1CSI 1
    Participant
    @csi-1
    Join Date: 2007
    Post Count: 5

    I have been offered through my mortgage broker to buy land in cannonvale qld, near airlie beach, an 800sqm block for $135,000., in mountain breeze estate. Does anyone know much on the area from an investors point of view, whether it is worth looking into. Average property price seems to be around $470,000 ? [strum]

    Profile photo of HookhamCHookhamC
    Member
    @hookhamc
    Join Date: 2007
    Post Count: 83

    I currently live in Cannonvale. The price you are talking about is just what you pay for land in that estate, nothing special in that deal.

    regards,[cigar][cigar][cigar]

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Not a matter of what the land is worth but how much it will cost to get a Builder to come and build on it.

    Some of my clients are quoting anything upto $1600 / Sq M for a standard box.

    Richard Taylor | Australia's leading private lender

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