OFF MARKET

251 Buchan Street
Westcourt QLD 4870

Bedrooms: 15
Bathrooms: 6
Car spaces: 10
Floor area: 258m2
Land area: 1871m2
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Last updated 11 Nov 2024
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Property Details for 251 Buchan St, Westcourt

251 Buchan St, Westcourt is a 15 bedroom, 6 bathroom House with 10 parking spaces and was built in 1977. The property has a land size of 1871m2 and floor size of 258m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1977
Floor Size
258m2
Land Size
1871m2
Local Government
Cairns Regional
Lot/Plan
4/RP743813

Last Listing description (August 2022)

Therese Plath presents this unique property to the market for the first time. A rare foot hold into the tightly held Cairns market. Positioned on two 622m2 blocks - totaling 1,244m2 only 5 minutes to Cairns City Centre and popular Esplanade with every convenience so close by.

Entire blocks of apartments such as these are always highly prized assets and keenly sought after. With so many options from hold and rent, refurbish or just own an entire complex, all on one title.

This quality two storey complex is a blue chip investment is awaiting your inspection. The set of flats features two stories with four separate tenancies. Each flat is returning $300.00 per week and offers two generous bedrooms, store room, spacious living and kitchen with bathroom, single car accommodation and individual laundry.

Additional to the flats is a substantial two-level solid brick residence with seven bedrooms, two bathrooms, an office and extra storage under stairs. The family home is complimented by an expansive open-plan layout with multiple living areas.

Upstairs features beautiful polished timber floors, three spacious bedrooms with easy access to main bathroom, open plan living and kitchen with balcony to front and rear.

Downstairs is an additional four bedrooms and an office. One of the bedrooms does have a kitchenette in it. The bathroom is convenient to all bedrooms and the laundry is spacious.

The floor plan offers brilliant entertaining capabilities whilst maintaining an incredibly low-maintenance lifestyle.

The list of additional features is extensive Here are just some of the many features of this delightful property:

- Six undercover carports
- Two enclosed garages
- Extra Storage

This property offers a wealth of opportunities for the prudent investor with exceptional rental returns. Significantly enhancing the overall return on investment. Such opportunities always prove popular, for obvious reasons contact us now!

Don't miss this opportunity to take advantage of the recent surge in demand for rental properties in Cairns. Call now to make your interest known - Therese Plath 0418 772 995

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Property History for 251 Buchan St, Westcourt, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,300,000
01 Jul 2022
  • 01 Jul 2022
    Sold for $1,300,000
  • 14 Apr 2022
    Listed for Sale Offers Over $1,499,000 Considered

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About Westcourt 4870

The size of Westcourt is approximately 1.6 square kilometres. It has 4 parks covering nearly 8.9% of total area. The population of Westcourt in 2011 was 3,904 people. By 2016 the population was 3,906 showing a population growth of 0.1% in the area during that time. The predominant age group in Westcourt is 20-29 years. Households in Westcourt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Westcourt work in a professional occupation. In 2011, 30.2% of the homes in Westcourt were owner-occupied compared with 32.2% in 2016.

Westcourt has 2,151 properties. Over the last 5 years, Houses in Westcourt have seen a 54.22% increase in median value, while Units have seen a 65.10% increase. As at 31 October 2024:

  • The median value for Houses in Westcourt is $545,570 while the median value for Units is $329,825.
  • Houses have a median rent of $473 while Units have a median rent of $390.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Westcourt on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Westcourt.

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