SOLD
Sold on 17 Apr 2024 for $655,000

111 Buchan Street
Bungalow QLD 4870

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Land area: 1012m2
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Property Details for 111 Buchan St, Bungalow

Building Type
Commercial
Land Size
1012m2
Local Government
Cairns Regional
Lot/Plan
9313/C198104

Last Listing description (March 2024)

Brought to the market for the first time in 27 years, The Murphy Team takes great pride in introducing 111 Buchan Street, Bungalow. This property presents an unparalleled commercial opportunity for those seeking a city-fringe location, boasting exceptional vehicle exposure and ample space for expansion or future development.

Situated on a sizable 1,012m2 allotment with dual side access, the current features of the property include:

- Approximately 218m2 under the roof

- Nine spacious offices, one sizable storeroom, a kitchenette, reception area, and bathroom amenities
- Hardwood timber floors beneath carpeting
- Newly installed split-system air conditioners
- Dual side access
- Large solar power system
- 7 kerbside carparks
- Convenient walking distance to local amenities, schools, and shopping facilities
- Only a 5-minute drive to Cairns CBD and 12 minutes to Cairns Airport, placing the property at the heart of Cairns' industrial hub.

Seldom does a property of such caliber become available on the open market, offering significant commercial potential alongside prospects for residential use. Act quickly, as this opportunity is not expected to last long. For further details or to schedule a private inspection, please contact David Murphy to receive a comprehensive information memorandum today.

Property History for 111 Buchan St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$655,000
17 Apr 2024
  • 17 Apr 2024
    Sold for $655,000
  • 20 Nov 2023
    Listed for Sale EXPRESSIONS OF INTEREST
  • 07 Jun 1995
    Sold for $171,000
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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 1,951 properties.

    There are currently 10 properties listed for sale, and 4 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Bungalow.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.