SOLD
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Sold on 03 Oct 2024 for $400,000

14/164-172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
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Property Details for 14/164-172 Spence St, Bungalow

14/164-172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Bungalow in the last 12 months.

Building Type
Unit
Floor Size
97m2
Local Government
Cairns Regional
Lot/Plan
14/SP188128

Last Listing description (October 2024)

GROUND FLOOR APARTMENT WITH LARGE COURTYARD

As rare as hens teeth they say. So much potential say others. It's even been called "the best value we've seen in years".

If you're downsizing, have a green thumb or looking for a low maintenance home, close to the City that offers plenty of space for your furry friend, this is the ONLY one for you!

The facts -
- Ground floor location for convenient access
- Large, exclusive use, fully fenced courtyard
- Poolside positioning creates the perfect ambience
- Spacious living and dining area
- South Easterly aspect (no afternoon sun)
- Built in robes and split systems throughout
- Walking distance to CBD
- Secure, gated complex with onsite management
- Gorgeous resort style pool
- Brand new vinyl flooring in both bedrooms

The Figures -
Body Corp fees - $6,483 p/y approx.
Council Rates - $2,900p/y approx.
Rental appraisal - $500 plus p/w
Built - 2006
Units in Complex - 48

Designed with convenience and liveability in mind, this breezy, ground floor home is the perfect compromise between a low maintenance apartment lifestyle and a small house. Boasting a generous, fully fenced courtyard, that is the perfect blank canvas to transform into a centrally located retreat, vegetable garden or pet friendly yard. Complete with undercover parking, plenty of storage, large bedrooms and indoor/outdoor living options, it's safe to say that "unique" doesn't even begin to do this versatile apartment justice.

For all enquiries, contact Tim Lyon on - 0474 640 592.

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Property History for 14/164-172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$400,000
03 Oct 2024
  • 19 Sep 2024
    Sold for $400,000
  • 08 Aug 2022
    Sold for $325,000
  • 15 Oct 2007
    Sold for $315,000
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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 1,947 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.

Suburb Insights for Bungalow 4870

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Contact agent
Tim Lyon
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Tim Winborn-Sharp
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Twomey Schriber Property Group
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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.