5/205 Spence St, Bungalow is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 85m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Great Buying Close To City Centre!
Located only 1.3km from the Cairns Central Shopping Centre this end unit in a small complex of 5 is a standout for those that are looking for a great investment.
With direct access from the lock-up garage the spacious 2 bedroom unit is 85m2 in area and has the largest courtyard of all 5 units in the complex.
The courtyard has grated access to the recreation park adjoining the unit with the park 1,012m2 in area with playground facilities in place.
Very few complexes within the Cairns City area have direct access into the unit from the lock-up garage facility - Reef Court is one of these complexes!
Built-ins in both bedrooms and air-conditioned throughout, The unit is fully furnished which includes all white goods.
With the same tenant in place from December 2011 paying $260 per week on a periodic arrangement, The Body Corporate fees are an acceptable $4,163 per annum.
For an inspection or further details contact the agent today!
$175,000 Negotiable
Peter Hanrahan
0439 320 961
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 1,961 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:
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