OFF MARKET

12 Olive Street
Manoora QLD 4870

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 809m2
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Last updated 11 Nov 2024
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Property Details for 12 Olive St, Manoora

12 Olive St, Manoora is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 809m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1950
Floor Size
105m2
Land Size
809m2
Local Government
Cairns Regional
Lot/Plan
70/RP714601

Last Listing description (September 2023)

Welcome to 12 Olive Street, Manoora, where the timeless charm of a Queenslander meets modern functionality. This meticulously renovated property presents an inviting home and an exciting opportunity for astute investors.

Step inside to discover a seamless fusion of classic features and contemporary comforts. The recently upgraded kitchen takes center stage, boasting sleek aesthetics, state-of-the-art appliances, and a layout designed for practicality.

The property showcases a freshly repainted interior/exterior and polished floorboards that strike the perfect balance between classic elegance and modern design.

Beyond its visual appeal, this property holds immense promise for savvy investors. With medium residential zoning, it unveils the potential for subdivision & creation of multiple dwellings on the generously proportioned 809m2 block-a rare offering in this sought-after central location.

Covering 103m2 of internal space, the layout prioritizes comfort, privacy, and flexibility. The strategically advantageous locale ensures seamless access to daily essentials, situated in close proximity to Cairns CBD, schools, shopping centers, and dining venues.

The flat, fully fenced 809m2 block not only boasts development potential but also offers ample space for personalized landscaping and gardening, promising a tranquil outdoor haven.

12 Olive Street, Manoora, exemplifies modern living with a touch of heritage allure. The meticulous renovation, functional appointments, and the enticing potential for subdivision make it a truly exceptional find. Whether you're in search of a cozy family abode or a future-focused investment, this property caters to your aspirations.

To explore the extensive potential of this renovated Queenslander and its investment possibilities, don't hesitate to contact us for a viewing. Embrace the opportunity to own a property that offers a harmonious lifestyle and the promise of enduring rewards.

*Prospective development plans subject to council approval, no guarantee can be made as to the approval of purchasers potential plans*

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Property History for 12 Olive St, Manoora, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$478,000
04 Oct 2023
Listed for Rent
$350/w
11 Jun 2020
  • 04 Oct 2023
    Sold for $478,000
  • 12 Aug 2023
    Listed for Sale Offers Over $489,000
  • 04 Apr 2023
    Sold for $301,000
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About Manoora 4870

The size of Manoora is approximately 2.2 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Manoora in 2011 was 5,688 people. By 2016 the population was 6,032 showing a population growth of 6.0% in the area during that time. The predominant age group in Manoora is 0-9 years. Households in Manoora are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manoora work in a community and personal service occupation. In 2011, 34.8% of the homes in Manoora were owner-occupied compared with 32% in 2016.

Manoora has 3,158 properties. Over the last 5 years, Houses in Manoora have seen a 61.80% increase in median value, while Units have seen a 99.50% increase. As at 31 October 2024:

  • The median value for Houses in Manoora is $505,557 while the median value for Units is $311,853.
  • Houses have a median rent of $465 while Units have a median rent of $420.
There are currently 32 properties listed for sale, and 10 properties listed for rent in Manoora on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Manoora.

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