13/164-172 Spence Street, Bungalow, QLD 4870

Positioned​ ​within​ ​a​ ​secure​ ​and​ ​beautifully​ ​maintained​ ​resort-style​ ​complex​ ​of​ ​just​ ​48​ ​residences,​ ​this​ ​ground​ ​floor​ ​apartment​ ​presents​ ​an​ ​exceptional​ ​opportunity​ ​for​ ​both​ ​owner​ ​occupiers​ ​and​ ​investors​ ​seeking​ ​convenience,​ ​comfort​ ​and​ ​lifestyle.

Ideally​ ​located​ ​within​ ​easy​ ​walking​ ​distance​ ​to​ ​the​ ​Cairns​ ​CBD,​ ​Cairns​ ​Central​ ​Shopping​ ​Centre​ ​and​ ​the​ ​Esplanade,​ ​enjoy​ ​the​ ​benefits​ ​of​ ​low-maintenance​ ​living​ ​in​ ​one​ ​of​ ​Cairns'​ ​most​ ​convenient​ ​locations.

The​ ​ground​ ​floor​ ​position​ ​provides​ ​effortless​ ​access,​ ​while​ ​the​ ​enclosed​ ​patio​ ​offers​ ​a​ ​private​ ​retreat​ ​with​ ​direct​ ​access​ ​to​ ​the​ ​lush​ ​gardens​ ​and​ ​sparkling​ ​resort-style​ ​pool-perfect​ ​for​ ​embracing​ ​the​ ​tropical​ ​lifestyle​ ​year-round.

Inside,​ ​the​ ​apartment​ ​offers​ ​a​ ​generous​ ​open​ ​plan​ ​living​ ​and​ ​dining​ ​area,​ ​complemented​ ​by​ ​built-in​ ​wardrobes​ ​and​ ​split​ ​system​ ​air-conditioning​ ​throughout​ ​for​ ​year-round​ ​comfort.​ ​The​ ​sought-after​ ​south-easterly​ ​aspect​ ​captures​ ​natural​ ​light​ ​while​ ​avoiding​ ​the​ ​harsh​ ​afternoon​ ​sun.

Currently​ ​operating​ ​as​ ​a​ ​successful​ ​Airbnb​ ​accommodation,​ ​the​ ​property​ ​presents​ ​an​ ​attractive​ ​opportunity​ ​for​ ​investors​ ​seeking​ ​immediate​ ​income​ ​potential.​ ​Historical​ ​financial​ ​information​ ​is​ ​available​ ​upon​ ​request,​ ​with​ ​the​ ​property​ ​having​ ​historically​ ​generated​ ​approximately​ ​$30,000​ ​net​ ​per​ ​annum.​ ​Buyers​ ​should​ ​make​ ​their​ ​own​ ​enquiries​ ​regarding​ ​future​ ​income​ ​expectations.

Whether​ ​you're​ ​searching​ ​for​ ​a​ ​city-fringe​ ​home,​ ​lock-and-leave​ ​lifestyle​ ​or​ ​secure​ ​investment​ ​opportunity,​ ​this​ ​property​ ​offers​ ​outstanding​ ​value​ ​in​ ​an​ ​enviable​ ​location.

The​ ​Facts

Ground​ ​floor​ ​position​ ​for​ ​easy​ ​access
Enclosed​ ​patio​ ​with​ ​direct​ ​access​ ​to​ ​gardens​ ​and​ ​resort-style​ ​pool
Spacious​ ​open​ ​plan​ ​living​ ​and​ ​dining​ ​area
Desirable​ ​south-easterly​ ​aspect​ ​with​ ​no​ ​western​ ​afternoon​ ​sun
Built-in​ ​wardrobes​ ​and​ ​split​ ​system​ ​air-conditioning​ ​throughout
Easy​ ​walking​ ​distance​ ​to​ ​Cairns​ ​CBD,​ ​Cairns​ ​Central​ ​and​ ​Esplanade
Secure​ ​gated​ ​complex​ ​with​ ​onsite​ ​management
Tropical​ ​resort-style​ ​swimming​ ​pool
Currently​ ​utilised​ ​as​ ​a​ ​successful​ ​Airbnb​ ​accommodation
Historical​ ​financial​ ​information​ ​available​ ​upon​ ​request
Historically​ ​returning​ ​approximately​ ​$30,000​ ​net​ ​per​ ​annum*
Body​ ​Corporate​ ​Fees:​ ​$9,174​ ​per​ ​annum
Rates:​ ​$3,266​ ​per​ ​annum

*Income​ ​figures​ ​are​ ​historical​ ​only​ ​and​ ​should​ ​not​ ​be​ ​relied​ ​upon​ ​as​ ​an​ ​indication​ ​of​ ​future​ ​performance.

Contact​ ​Giles​ ​today​ ​to​ ​arrange​ ​your​ ​private​ ​inspection​ ​and​ ​discuss​ ​the​ ​property's​ ​investment​ ​potential​ ​in​ ​more​ ​detail.​ ​Please​ ​note​ ​a​ ​minimum​ ​of​ ​24​ ​hours'​ ​notice​ ​is​ ​required​ ​for​ ​all​ ​inspections.


All​ ​information​ ​contained​ ​herein​ ​is​ ​gathered​ ​from​ ​sources​ ​we​ ​believe​ ​to​ ​be​ ​reliable.​ ​This​ ​Office​ ​and​ ​its​ ​Agent​ ​provide​ ​no​ ​guarantees​ ​or​ ​undertakings​ ​concerning​ ​the​ ​accuracy,​ ​completeness,​ ​or​ ​current​ ​nature​ ​of​ ​the​ ​information​ ​and​ ​disclaim​ ​all​ ​liability​ ​in​ ​respect​ ​of​ ​any​ ​errors,​ ​inaccuracies​ ​or​ ​misstatements​ ​contained​ ​herein.​ ​Prospective​ ​purchasers​ ​must​ ​undertake​ ​their​ ​own​ ​due​ ​diligence,​ ​enquiries​ ​and​ ​assume​ ​various​ ​searches​ ​to​ ​verify​ ​the​ ​information​ ​contained​ ​herein.