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Sold on 28 Aug 2024 - Price Unavailable

22/164-172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 98m2
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Property Details for 22/164-172 Spence St, Bungalow

22/164-172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 98m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Bungalow in the last 12 months.

Building Type
Apartment
Land Size
98m2

Last Listing description (August 2024)

Located on the top floor of the secure and well-maintained 'Focus On Spence' complex, 'The Ray Murphy Team' is excited to present to the market this spacious, light-filled, two-bedroom, two-bathroom apartment. Perfectly situated for easy access to all that Cairns has to offer, this apartment is ideal for those seeking low-maintenance, inner-city living or a fantastic investment opportunity!

Be quick, this property will appeal to the masses!

Property Profile:

• Two generous bedrooms with built in robes, master complete with ensuite
• Spacious open plan living and dining with split system air conditioning that seamlessly opens to the balcony
• Main bathroom with shower over bath
• Well-appointed kitchen with plenty of bench and cupboard space
• A huge balcony complete with a built-in daybed, bi-fold shutters, and louvres, designed to capture cool breezes, offering the perfect entertaining area
• Internal laundry
• One allocated under cover car park
• Complex in-ground swimming pool with BBQ area and manicured gardens
• Top floor position within secure complex

The Figures:
• Body Corporate Fees: $6,483.00 approx. p/a
• Council Rates: $2,900 approx. p/a
• Rental Potential: $530.00 - $570.00 per week

Located within immediate proximity to all major amenities; this property is within walking distance to both primary and secondary schools, Showgrounds Shopping Centre, Cairns Central Shopping Centre, sporting facilities and just minutes away from the Cairns Esplanade.

Act now, this one will be snapped up quickly! Contact 'The Ray Murphy Team' today to register your interest!

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Property History for 22/164-172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
28 Aug 2024
  • 14 Aug 2024
    Sold for $383,000
  • 17 Jun 2024
    Listed for Sale UNDER CONTRACT | Contact 'The Ray Murphy Team'
  • 26 Nov 2015
    Sold for $267,000
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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.
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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Ray Murphy
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Ray White Cairns
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