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Sold on 23 Sep 2024 for $308,000

2/12-16 Cannon Street
Manunda QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/12-16 Cannon St, Manunda

2/12-16 Cannon St, Manunda is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Manunda in the last 12 months.

Building Type
Unit
Local Government
Cairns Regional
Lot/Plan
2/BUP70305

Last Listing description (September 2024)

This is a neat and tidy two bedroom unit in the well maintained “Palm Springs” complex of 28 units. Ideal either as investment or to live in.
Current tenant lease until 4th April 2025.

- Solid masonry block construction

- Split-system air-conditioning throughout
- Full security screens
- Recently refurbished
- Spacious bedrooms
- Single lock-up carport with remote
- Pet allowed subject to body corp. approval
- Pool has covered pavilion & BBQ area
- Neat and tidy paved courtyard off carport
- Approx. 40m2 grassed private courtyard
- Inground landscaped pool in complex
- 64m2

The unit is located near the street entrance at the front of the complex, with the pool located near the centre. It is the middle of only three in a separate freestanding block.
Body Corporate fees: approx. $4,800/year
Cairns Council fees: approx. $2,950/year
Current lease: $420/week
Current appraisal: $440/week

Situated close to many community amenities including; Endeavour Park Soccer fields, Stan Williams Cricket grounds, Cairns Skating Centre, Tigers Football club, PCYC Total Fitness Gymnasium, Rondo Theatre, The Lakes Church and more. Just a short drive to the Botanic Gardens, Centenary Lakes and the Edge Hill cafe precinct.
Primary School catchment zone: Cairns West State School
High School catchment zone: Trinity Bay State School
The Cairns International Airport is only about 6 minutes' drive away, plus only an 8 minute drive to Cairns City shopping & the picturesque Cairns Esplanade.

With current tight rental market in Cairns plus the ideal location, this opportunity will not last on the market long – call me as soon as you've finished reading this to put your offer in ASAP!

Property History for 2/12-16 Cannon St, Manunda, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$308,000
23 Sep 2024
Listed for Rent
$400/w
10 Mar 2023
  • 23 Sep 2024
    Sold for $309,000
  • 02 Sep 2024
    Listed for Sale $309,000 neg.
  • 10 Mar 2023
    Listed for Rent $400 / week
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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 3,108 properties. Over the last 5 years, Houses in Manunda have seen a 53.69% increase in median value, while Units have seen a 88.35% increase. As at 31 October 2024:

  • The median value for Houses in Manunda is $540,250 while the median value for Units is $285,137.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 31 properties listed for sale, and 5 properties listed for rent in Manunda on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Manunda.

Suburb Insights for Manunda 4870

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.