OFF MARKET

16 Nelson Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 353m2
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Property Details for 16 Nelson St, Bungalow

16 Nelson St, Bungalow is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 353m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1950
Floor Size
82m2
Land Size
353m2
Local Government
Cairns Regional
Lot/Plan
87/SP304840

Last Listing description (March 2022)

Possessing traditional charm this classic, beautifully renovated highset Queenslander with 2.8 meter ceilings, casement windows and tulip oak floors has the addition of comfort with modern conveniences like split system air-conditioning, modern cooking and tastefully appointed bathrooms.

Located on the Cairns CBD fringe and currently collecting $700 a week in rent, the myriad of future configurations and uses is limited only by ones imagination and council requirements.

Upstairs Features Include:

- Open plan living and dining room with and split system air-conditioning
- Modern kitchen with stone benchtops and electric cooking
- 3 Bedrooms, 2 with built in wardrobes, all with air-conditioning
- Spacious bathroom with shower over bathtub and separated toilet
- Separate entrances to the front and rear allowing for independent living and working opportunities

Downstairs Features Include:
- Large built in, lined and weatherproof multipurpose area with 3 separate storage rooms connected by a large open plan storage and utility area, all with air conditioning
- Second renovated bathroom with step in shower
- Hard wearing commercial grade vinyl flooring
- Security screens on doors and windows also with separate entrances to the front and rear
- Large concreted, undercover rear entertaining area
- Tandem off street parking, fully fenced with established, low maintenance gardens
- Council Rates $2,800 per annum (approx.), current owners' insurance $296.56 per month
- Vacant possession available, or the current tenants can be renewed for a 12 month period

Situated approximately 2 kms from the Cairns CBD and close to restaurants, cafes, and Esplanade Precinct with easy access to public transport, bike and walking paths. Approximately 3km to the Cairns Base Hospital and 8km to Cairns International and Domestic Airports.

Do not miss your chance to inspect, access is limited, call David Hall on 0491 332 700 or Daniel Gibbs on 0432 606 645 for further information.

(Please note due to tenancy requirements the images provided are indicative of how the property presents)

Property History for 16 Nelson St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$495,000
18 Feb 2022
Listed for Rent
$525/w
10 Aug 2023
  • 18 Feb 2022
    Sold for $495,000
  • 12 Oct 2021
    Listed for Sale Contact Agent
  • 25 May 2021
    Transferred for $220,000
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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 1,949 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 20 properties listed for sale, and 8 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Bungalow.

Suburb Insights for Bungalow 4870

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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.