SOLD
Sold on 03 Sep 2024 for $425,000

21/102 Hartley Street
Bungalow QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 135m2
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Property Details for 21/102 Hartley St, Bungalow

Building Type
Commercial
Land Size
135m2
Local Government
Cairns Regional
Lot/Plan
21/SP316380

Last Listing description (September 2024)

RWC Cairns presents a good investor opportunity to purchase this warehouse unit at 21/102 Hartley Street, Bungalow.

The modified warehouse building, with a certified mezzanine floor, offers a well-positioned warehouse close to Cairns CBD. Situated on Hartley Street, between Kenny Street and Spence Street, this property enjoys a prime location near Cairns City. Its accessibility provides a significant advantage, making it an ideal investment or owner-occupier property. The Cairns region has a diverse economy with a gross regional product estimated at $10.3 billion and an annual consumer spending of $3.8 billion.

The suburbs of Westcourt and Bungalow account for 51% of the local jobs. 21/102 Hartley Street, Bungalow, is the perfect opportunity to secure a warehouse asset on the CBD fringe. This property is an excellent acquisition for investors looking for a secure and profitable investment or for companies seeking a warehouse/office space that offers a prime location.

Features:
135 sqm Land
130 sqm GNLA
93* sqm Warehouse (8.0* m wide 11.6* m long with clear span 6.2 height clearance)
37* sqm Mezzanine (fully certified - floor weight loaded 350 kg)
42* sqm Hardstand (Three allocated car parks)
Mixed Use - Medium Impact zoning
Entrance door
4.0m high roller door 3.6m wide
A full bathroom is installed (Toilet, shower, washbasin, laundry tub, and hot water system).
2 x Split system air conditioning throughout

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Property History for 21/102 Hartley St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$425,000
03 Sep 2024
Listed for Rent
$434/w
01 Jul 2022
  • 03 Sep 2024
    Sold for $425,000
  • 26 Jul 2024
    Listed for Sale Contact Exclusive Agent Grant Timmins
  • 03 May 2022
    Listed for Rent - Price not available
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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.
There are currently 15 properties listed for sale, and 5 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Bungalow.

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