OFF MARKET

2/31 Hannam Street
Bungalow QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 304m2
Land area: 268m2
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Last updated 11 Nov 2024
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Property Details for 2/31 Hannam St, Bungalow

2/31 Hannam St, Bungalow is a bedroom, bathroom Unit with 1 parking spaces. The property has a land size of 268m2 and floor size of 304m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Floor Size
304m2
Land Size
268m2
Local Government
Cairns Regional
Lot/Plan
2/BUP103184

Last Listing description (May 2016)

Rent to Own ! Up to $25 K Rent Free and off the purchase price if you buy within one year. (conditions apply)
Offered to the market either for sale or for lease, this very tidy refurbished Queenslander. Just off and visible from Cairn's busiest industrial retail strip, Scott Street is fully air-conditioned and has been nicely fitted out as a commercial office building spanning two levels. The location is very central to Cairn's main industrial precinct as well as just a few minutes from the CBD, major shopping centres and public transport.
The property is strata titled with only two units in the scheme, with the best news that it's a no fuss self-managed setup with no body corporate fees other than the insurance and a small sinking fund which the new owners will inherit half of....quite a bonus we think !

The total net lettable floor area is 304 m2 or 152 m2 per level.
> 304 m2 Net Lettable Area
> Central Location off Scott St
> Two Unit Self-Managed Strata
> Fully Air-conditioned
> Built In Cabinetry
> Electronic Security System
> Front & Rear Car Parking
> Generous Leasing Incentives
Disclaimer: In preparing this information Go Commercial (Cairns) has used its best efforts to ensure that the information contained is true and accurate, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.
Property Code: 1986

Property History for 2/31 Hannam St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$412,500
05 Nov 2015
Listed for Rent
18 May 2016
  • 08 Mar 2016
    Listed for Rent - Price not available
  • 11 Dec 2015
    Listed for Rent $46,000 / year
  • 05 Nov 2015
    Sold for $412,500
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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 1,948 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.