OFF MARKET

4/16 Allan Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 85m2
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Property Details for 4/16 Allan St, Bungalow

4/16 Allan St, Bungalow is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 85m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1990
Floor Size
62m2
Land Size
85m2
Local Government
Cairns Regional
Lot/Plan
4/BUP71070

Last Listing description (November 2022)

Set back at the end of a no-through street and positioned close to absolutely everything is, "Laila Gardens". A small, single story boutique complex of only 4 apartments, with low body corporates.

This neat apartment presents as a sensational opportunity and will be a great addition to any astute investment portfolio as a secure, fuss-free, set and forget, block unit located on the fringe of Cairns' CBD.


THIS STURDY CORNER UNIT OFFERS:
- 2 bedrooms, with built-in wardrobes
- 1 bathroom
- Generous kitchen, with ample bench and breakfast bar. Plenty of room to move around!
- Open planned/combined living and dining
- Filtered with natural lighting throughout, courtesy of a corner unit positioning
- Internal laundry
- Undercover front patio area
- 1 allocated undercover carport on title

BOTTOM LINE:
- Fixed term Lease, currently achieving $300p/w until March 2023
- Low Body Corporate Levies at $3,766 per annum. approx.

Located within minutes from Cairns Central Shopping Centre, Cairns Showgrounds, public and private schools, public transport and only a short 10-minute drive to the Esplanade.

To arrange a private inspection, contact Natasha on 0487 154 973.

A minimum of 24 hours' is required due to the tenancy agreement.

**some of the tenants personal items have been digitally removed.

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Property History for 4/16 Allan St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$180,000
10 Oct 2022
Listed for Rent
$240/w
14 Sep 2015
  • 19 Oct 2022
    Listed for Sale SOLD! Another Wanted
  • 10 Oct 2022
    Sold for $180,000
  • 07 Sep 2015
    Listed for Rent $240 / week
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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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