8/8-10 Nelson StreetBungalow QLD 4870
Property Details for 8/8-10 Nelson St, Bungalow
8/8-10 Nelson St, Bungalow is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 46m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (October 2022)
Unbeatable value! Nestled on the top floor of a small boutique complex, Natasha Whalley-Thompson is proud to present this fantastic prospect of a neat and tidy investment opportunity, situated on the fringe of Cairns City CBD.
PROPERTY HIGHLIGHTS:
- Corner Unit with natural lighting, surprisingly spacious layout (46m2)
- Neat, tidy and functional kitchen
- Bathroom with internal laundry combined
- Undercover car parking available
- Fully Furnished
BOTTOM LINE:
- Body Corporate Levies: $3,100 p/a approx..
- Council Rates: $2,600 p/a approx..
- Currently achieving $220 p/w until April 2023
- Appraised to achieve $230 - $250p/w
This one bedroom, one bathroom corner unit presents in great condition and has a fantastic long-term tenant in place. Unit 8 within "Tiffany Court" is the perfect steppingstone to enter the property market, or will make a welcomed asset to add to any new or existing portfolio.
Contact Natasha Whalley-Thompson on 0487 154 973 to register your interest.
A minimum of 24hours notice is required prior to viewing due to the tenancy.
** some of the tenants personal items have been digitally edited out/removed
** Car park space is not on title
Property History for 8/8-10 Nelson St, Bungalow, QLD 4870
- 09 Sep 2022Sold for $130,000
- 04 Sep 2022Listed for Sale Contact Agent
- 03 Jan 2017Listed for Rent $185 / 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 1,948 properties. Over the last 5 years, Houses in Bungalow have seen a 55.86% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:
- The median value for Houses in Bungalow is $517,489 while the median value for Units is $307,199.
- Houses have a median rent of $463 while Units have a median rent of $390.
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