36 Hannam St, Bungalow is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 674m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Outstanding opportunity to secure a high profile property on a 674m2, allotment previously zoned as commercial use (and possibly can be again). Take full advantage of this combination of highly secure home and workplace with an impressive 8ft feature fence with auto entry gate. Build an even bigger shed than the existing and run your business from home. Live in the house that has stood the test of time yourself or make available to employees and maximise your capital investment and wage return. Remember your Self Managed Super Fund can buy commercial premises and lease it back to your business but get some expert financial advice on this.
With median prices in Bungalow back above pre GFC levels and scope to improve, not to mention the many projects on the Cairns construction horizon that will kick start the local economy this is a property worthy of more consideration. The house alone is currently rented at $400 per week. Neighbouring properties have asking prices up to $900,000 so there is much more than just good value here.
What this property has to offer the market is:-
Call to inspect today as there is opportunity here to put your work, rest and play all in the one, safe, secure and easy to find location.
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 1,968 properties. Over the last 5 years, Houses in Bungalow have seen a 59.56% increase in median value, while Units have seen a 60.42% increase. As at 28 February 2025:
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