SOLD
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Sold on 15 Oct 2024 for $410,000

1/183-185 Martyn Street
Manunda QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 1/183-185 Martyn St, Manunda

1/183-185 Martyn St, Manunda is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Manunda in the last 12 months.

Building Type
Unit

Last Listing description (October 2024)

A lucrative opportunity awaits: Invest or nest in your perfect new Abode!

Nestled within the "West Side Apartments," this ground-floor city apartment is the perfect blend of urban living. Boasting a convenient corner ground floor position, this residence offers a private semi enclosed balcony, perfect for entertaining guests or outdoor dining.

Residents enjoy access to a relaxing pool and a communal entertainment area — all set within a security gated complex ensuring peace of mind, this exclusive enclave comprises only 12 units, each equipped with a carport and additional private lock-up storage.

Key features of this apartment include:

- Master bedroom with built-in robe, ensuite, fan & air-conditioning
- Second bedroom with built-ins, fan & air-conditioning
- Carpet in bedrooms
- Open-concept living/dining area with tiled flooring
- Entertainment patio for outdoor enjoyment
- Good mix of owner occupiers and tenants
- Just 2.3 km to the CBD

Ideal for investors with a tenant in place - Currently Tenanted: $450 per week (Leased till mid December, with an opportunity to increase the rental income)

PERFECT INVESTMENT OPPORTUNITY

For owners and investors seeking pertinent financial details:

- Annual Admin, Sinking & Insurance Levy Payment (Body Corp Fees): Approximately $6,710pa
- Healthy sinking fund of Approximately $119,000
- Council Rates: Approximately $3,110pa
- Water Rates: Approx. $250pa

Conveniently and centrally located near popular dining destinations in Edge Hill, the Esplanade, and the vibrant Cairns CBD, this property promises an unparalleled lifestyle experience.

Don't miss the chance to secure this solid investment or urban sanctuary. Arrange your viewing today! Call Leanne Smith 0405 150 999 for more information.

*** PHOTOS HAVE BEEN EDITED TO PROTECT THE TENANTS PRIVACY***

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Property History for 1/183-185 Martyn St, Manunda, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$410,000
15 Oct 2024
Listed for Rent
$320/w
11 May 2015
  • 15 Oct 2024
    Sold for $410,000
  • 05 Oct 2024
    Listed for Sale SOLD By Leanne Smith | $410,000
  • 05 Feb 2018
    Listed for Sale offers over $259,000
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About Manunda 4870

The size of Manunda is approximately 4.2 square kilometres. It has 12 parks covering nearly 16.2% of total area. The population of Manunda in 2011 was 4,963 people. By 2016 the population was 5,400 showing a population growth of 8.8% in the area during that time. The predominant age group in Manunda is 20-29 years. Households in Manunda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manunda work in a community and personal service occupation. In 2011, 39.3% of the homes in Manunda were owner-occupied compared with 38.3% in 2016.

Manunda has 3,127 properties. Over the last 5 years, Houses in Manunda have seen a 58.48% increase in median value, while Units have seen a 90.45% increase. As at 30 November 2024:

  • The median value for Houses in Manunda is $548,297 while the median value for Units is $290,775.
  • Houses have a median rent of $500 while Units have a median rent of $385.
There are currently 28 properties listed for sale, and 4 properties listed for rent in Manunda on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Manunda.

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