FOR SALE

32/201-203 Aumuller Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 76m2
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Property Details for 32/201-203 Aumuller St, Bungalow

32/201-203 Aumuller St, Bungalow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 76m2 and floor size of 76m2.This Property is currently listed for sale with Twomey Schriber Property Group

Building Type
Unit
Year Built
1990
Floor Size
76m2
Land Size
76m2
Local Government
Cairns Regional
Lot/Plan
32/BUP71021

Last Listing description (September 2024)

Attention investors! This renovated 2-bedroom, 2-bathroom apartment is a must-see for anyone looking to add a high-performing asset to their portfolio.

Located on the top floor, just minutes from the city centre, this property combines modern living with excellent investment potential.

Key Investment Features:

- Low-Maintenance: The apartment has been recently renovated, featuring modern large kitchen, bathrooms, plus timber plank flooring throughout, ensuring a low-maintenance lifestyle that appeals to tenants.
- Desirable Layout: Both bedrooms are generously sized, each with a private ensuite, air conditioning, and spacious walk-in robes, making it highly attractive for tenants seeking comfort and convenience.
- Other Amenities: The unit includes an internal laundry area complete with a dryer, a resort-style pool within the complex, and a secure undercover carport.
- Prime Location: Situated close to public transport and only a short distance from the city center, this property ensures consistent tenant demand.

FINANCIALS
- Rental Appraisal: $400-$420 per week
- Current Rental Income: $320 per week until February 2025
- Rates: Approximately $2,900 per year
- Body Corporate Fees: Approximately $5,200 per year
- Year Built: 1990
- Number of Lots in the Complex: 34

This well-maintained unit, with its affordable body corporate fees, is priced to sell quickly. Don't miss this exceptional opportunity to secure a property with strong rental returns and long-term capital growth potential.

Contact Pauline to arrange a personal inspection or for more information. Please note that a 24-hour notice is required for inspections due to the current tenancy. Please be advised that the photos provided have been digitally enhanced for privacy reasons, and the property is currently tenanted.

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Property History for 32/201-203 Aumuller St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$127,500
09 Aug 2012
Listed for Rent
$270/w
30 Aug 2018
  • 09 Sep 2024
    Listed for Sale Offers Over $290,000
  • 30 Jul 2018
    Listed for Rent - Price not available
  • 09 Aug 2012
    Sold for $127,500
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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 1,960 properties. Over the last 5 years, Houses in Bungalow have seen a 45.24% increase in median value, while Units have seen a 50.38% increase. As at 31 August 2024:

  • The median value for Houses in Bungalow is $497,660 while the median value for Units is $278,876.
  • Houses have a median rent of $508 while Units have a median rent of $390.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Bungalow.

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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.