21 Yachtsman Parade, Cannonvale

Positioned within the peaceful Cayman Estate, this exceptional ocean-view residence presents a rare opportunity for investors seeking strong returns, lifestyle buyers wanting a premium entertainer, or those looking to secure a high-performing short-term letting asset in the heart of the Whitsundays. Now vacant and ready for immediate occupation or tenancy, this property offers the flexibility to move in, secure a quality long-term tenant, or capitalise on the region's thriving holiday rental demand and start generating extraordinary returns straight away. From the moment you arrive, elegant glass-panel double entry doors set the tone for a home designed to impress. Inside, expansive living spaces flow seamlessly to the balcony, where sweeping ocean views stretch across the vivid blue waters and out to the offshore islands. These views are breathtaking in person - a true "wow factor" that makes this home perfectly suited to executive living, premium holiday accommodation, or unforgettable entertaining. Complementing the ocean panorama is a lush green mountainous backdrop, delivering privacy, tranquillity and a beautiful natural contrast that enhances guest appeal and long-term value. Designed for both comfort and versatility, the home features: Four generous bedrooms, each with its own private ensuite - a highly desirable layout for short-term letting or executive leasing Two guest bedrooms sharing a balcony, ideal for visitors or dual-occupancy flexibility A master suite positioned to capture stunning sea views, creating a luxurious private retreat Open-plan kitchen, living and dining areas that maximise light, airflow and outlook An additional powder room for added convenience when entertaining Set on a substantial 1,472sqm block with a 128sqm floor plan, the property offers exceptional privacy and space within a tightly held estate setting - a key driver of both capital growth and rental demand. The long-term rental appraisal is $1,050–$1,100 per week, the income profile already demonstrates strong holding potential. With vacant possession now available, investors can immediately reposition the property for higher-yield strategies, including premium furnished leasing or short-term holiday accommodation (subject to relevant approvals). Importantly, the layout and separation of bedrooms make short-term holiday letting particularly ideal for an owner-occupier who wishes to live in the home while privately managing bookings. This creates the opportunity to enjoy the lifestyle and ocean views personally, while generating substantial supplementary income during peak tourism periods - a highly attractive model in a destination market such as the Whitsundays. Whether you are seeking: A high-return coastal investment A premium ocean-view entertainer A lifestyle property with income potential Or a strategic addition to your portfolio in a high-demand tourism region This elevated sea-view residence in Cayman Estate represents a compelling opportunity to secure blue-chip coastal real estate with immediate income potential and lifestyle flexibility. Opportunities combining location, views, flexibility and return are rare - and this one is ready to perform from day one.