FOR SALE
Offers Over $389,000

39/164-172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Ground Floor 2 bedroom Apartment With Huge Courtyard

What a great investment!!, Vacant and ready to rent out or move into. Surely this will not last long.
Currently managed and selling by the On-Site manager of the complex is this amazing Ground Floor 2 bedroom unit in excellent condition, just painted and with your own huge private back yard ready for a dog to occupy with private lockable gate access to Spence Street.
Live in or rent out via the onsite manager.
Located on the Ground floor of the secure and well-maintained and very popular 'Focus On Spence' apartment complex, is this two-bedroom, two-bathroom apartment.
Perfectly situated for easy access to all that Cairns has to offer, this apartment is ideal for those seeking low-maintenance, inner-city living or a fantastic investment opportunity!
Located within walking distance of the city, this property is also within walking distance to both primary and secondary schools, Showgrounds Shopping Centre, Cairns Central Shopping Centre, sporting facilities and just minutes away from the Cairns Esplanade.
- Right next door to the developing Barlow Park Precinct, watch this area boom in price in coming years
- Secure, gated complex with CCTV and with onsite management to keep the place immaculate and look after your investment
- Exclusive use large back courtyard area with private gate access to Spence Street
- Your own 1 allocated undercover park plus plenty of street parking as well as
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Property Details for 39/164-172 Spence St, Bungalow

39/164-172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Onsite Property.

Building Type
Apartment

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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 1,947 properties. Over the last 5 years, Houses in Bungalow have seen a 55.86% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

  • The median value for Houses in Bungalow is $517,489 while the median value for Units is $307,199.
  • Houses have a median rent of $463 while Units have a median rent of $390.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Bungalow.

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Wayne Musson
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