FOR SALE
Under Contract

26/164-172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 97m2
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Calling all Investors!

Take advantage of this city fringe living.
Walking distance to Cairns Central Shopping Centre, moments from schools, city transport and sporting facilities including Barlow Park.
“Focus on Spence” complex offers fabulous amenities including secure remote gated complex, resort style pool with bbq area surrounded by landscaped grounds, and on-site management.
Currently tenanted in place on fixed term lease.
This ground floor apartment is generously proportioned with 2 bedrooms, each with built-in-wardrobes, air-conditioning and an ensuite to the master. The main bathroom has a shower over the bathtub with a separate toilet.
Designed to capture the tropical breezes, an open living plan flows onto the enclosed lanai/patio, with banks of louvers assuring your privacy, as well as, a courtyard having direct access to the pool area - convenient and easy for entertaining.
Additional selling features include:
Spilt system air-conditioning, tiled throughout, single car accommodation near your front door.
Prime central CBD position, only minutes to Cairns Esplanade precinct including restaurants and bars, Cairns Casino, Cairns Central Shopping Centre, both Domestic and International Airport.
** Please note limited photos due the current tenant in occupancy **
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Property Details for 26/164-172 Spence St, Bungalow

26/164-172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 97m2. The place is currently for sale with LJ Hooker Cairns Edge Hill.

Building Type
Unit
Land Size
97m2

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About Bungalow 4870

The size of Bungalow is approximately 2.2 square kilometres. It has 3 parks covering nearly 1.9% of total area. The population of Bungalow in 2011 was 2,164 people. By 2016 the population was 2,159 showing a population decline of 0.2% in the area during that time. The predominant age group in Bungalow is 20-29 years. Households in Bungalow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungalow work in a trades occupation. In 2011, 35.1% of the homes in Bungalow were owner-occupied compared with 34.7% in 2016.

Bungalow has 1,960 properties. Over the last 5 years, Houses in Bungalow have seen a 43.03% increase in median value, while Units have seen a 58.48% increase. As at 31 July 2024:

  • The median value for Houses in Bungalow is $490,575 while the median value for Units is $284,489.
  • Houses have a median rent of $515 while Units have a median rent of $385.
There are currently 15 properties listed for sale, and 5 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Bungalow.

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Kim Ryan
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LJ Hooker Cairns Edge Hill
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