199 Buchan StreetBungalow QLD 4870
Property Details for 199 Buchan St, Bungalow
199 Buchan St, Bungalow is a 6 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 759m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 6 bedroom House sold in Bungalow in the last 12 months.
Last Listing description (July 2024)
Second chance Opportunity after Buyers finance crashed, NOW is the time to strike!
Perfect for Multi-Generational Families or Income Potential; Discover the ultimate dual living experience in this immaculately maintained two-storey home, perfectly situated close to Cairns City. This property is an ideal choice for multi-generational families, those seeking rental income, or savvy investors looking to capitalize on the thriving Airbnb market.
Downstairs: Modern Comfort and Convenience
-3 Bedrooms, 2 Bathrooms: Includes an ensuite to the main bedroom.
-Open Plan Living: A large kitchen seamlessly integrated into the living area.
-Private Access: Perfect for rental opportunities or Airbnb guests.
-Fully Furnished: Walk in and start earning with a proven track record of $60,000 per year in gross returns and over 200 5-star reviews.
-Large Patio: Ideal for outdoor dining and relaxation.
Upstairs: Classic Queenslander Charm
-3 Bedrooms, 1 Bathroom: Classic design with modern comforts.
-Queenslander Style: Featuring beautiful hardwood timber floors, tongue and groove walls, and high 3.5m ceilings.
-Open Plan Living: Spacious and airy, with a sunroom adding a touch of elegance.
-Large Rear Entertaining Deck: Overlooks a generous backyard, perfect for family gatherings and entertaining.
Additional Features:
-Double Lock-Up Garage: Secure parking for vehicles.
-Side Driveway Access: Leads to a substantial 7m x 7m 2bay lock-up shed, providing ample storage or workshop space.
-Large 6.8KW solar power system to keep the electricity bills to a minimum.
Location: Highly attractive and convenient for AirBnB guests
-3min drive to Cairns Central.
-5min drive to the Esplanade.
-7min drive to Cairns Reef Fleet Terminal.
-Walk to local shops and public transport
This dual living home is not just a property; it's a lifestyle choice offering flexibility, income potential, and the best of Queensland living. Don't miss the opportunity to make this versatile and beautifully kept residence your own.
*A full building and pest inspection report has been carried out and is available for interested buyers*
Contact us today to arrange a viewing and take the first step towards owning this exceptional property.
Property History for 199 Buchan St, Bungalow, QLD 4870
- 13 Jul 2024Sold for $880,000
- 21 May 2024Listed for Sale SOLD BY KARL LATHAM
- 17 Dec 2015Sold for $470,000
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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 1,964 properties. Over the last 5 years, Houses in Bungalow have seen a 58.49% increase in median value, while Units have seen a 53.45% increase. As at 30 November 2024:
- The median value for Houses in Bungalow is $513,898 while the median value for Units is $316,963.
- Houses have a median rent of $450 while Units have a median rent of $385.
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