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Back 15/55 McCormack Street
Off Market

15/55 McCormack Street

Manunda QLD 4870

1
1
1
42 m²
Apartment
Last sold for $225,000
Katie Bavister-GilesKatie Bavister-Giles, last sold this property on 17 September 2025 after 26 days on market.

Overview

NEAT & LOW MAINTENANCE STUDIO UNIT LOW BODY CORPORATE LEVIES

If you have been looking for an affordable investment property with very low body corporate fees and great returns, or a low maintenance apartment to call your very own, then this could be the one you've been waiting for. Located in the back block of a quiet complex on the first floor up is this charming studio unit. The property is an open plan design, with a separate substantial size bathroom/laundry. Upon entry, there is a functional kitchen with ample bench and storage space. The unit is tiled & security screened throughout and has a large split system air conditioner to keep cool in the summer. Large glass doors at the back of the unit open onto the rear balcony with mountain views, overlooking the tropical gardens and pool area - the perfect backdrop for sitting and enjoying our North Queensland tropical climate. Palm Tree Apartments is a well-presented complex which has recently been painted externally. The body corporate committee are active and maintain the complex well, including recently completing external painting & sign upgrades. This in turn has attracted great long-term tenants, as well as lovely owner occupiers, making it a friendly and peaceful place to live. There is a large in-ground pool to enjoy, and one covered carport designated for this unit, with additional visitors parking bays if needed. The location is ideal within walking distance to shopping centres, transport links, and a short drive to the CBD. This apartment is perfect set and forget investment, or that low maintenance, downsizer you've been searching for. The property is vacant and ready to move into, and the furniture is available to be sold with the apartment. For further information or to arrange an inspection please don't delay contact us today. ADDITIONAL INFORMATION Rental appraisal = $340 per week Currently vacant for sale purposes Body Corporate Levies = $1,903.13 per year Council Rates Approx $3,100 per year Floor area = 42m2

Features

1 bedroom
1 bathroom
1 carspace
42 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Manunda over the last 12 months, the estimated median property value of 15/55 McCormack Street is $272.5k.

Median value
$272.5k
Estimated value range
$181.5k - $317k
Median days on market
25
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Manunda. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15/55 McCormack Street

2025
Sold
$225,000
Private Sale/Treaty on 17 Sep 2025 by Katie Bavister-Giles, of Property Ladder Realty
2023
Rented
Undisclosed
Leased on 06 Aug 2023 by Godwin Witten & Associates

Happy sellers in Manunda

96%
96% of sellers in Manunda reported that their sale price either exceeded or met their price expectations.

Manunda stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Manunda over the last 12 months.

Local market activity for 1 bedroom apartments in Manunda

In the last 12 months, 7 one-bedroom apartments similar to 15/55 McCormack Street, have been sold.

This represents a 64% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Manunda

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Peter Shervey

Sellers who recommend Peter Shervey have praised them for being friendly, local expert, supportive, clear communication, responsive, stress-free process and trustworthy

  •   5   (47 reviews)
  •  4 Reviews in Manunda
  •  4 Sales in Manunda
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Claudio Di Bartolomeo

Claudio Di Bartolomeo is an award winning recommended agent for Manunda.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (235 reviews)
  •  3 Reviews in Manunda
  •  3 Sales in Manunda
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Karl Latham

Sellers who recommend Karl Latham have praised them for being clear communication, local expert, responsive, supportive, reliable, well-prepared and friendly

  •   4.9   (569 reviews)
  •  3 Reviews in Manunda
  •  2 Sales in Manunda
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Natasha Whalley-Thompson

Natasha Whalley-Thompson is a recommended agent for Manunda.  They have 8 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (15 reviews)
  •  2 Reviews in Manunda
  •  8 Sales in Manunda
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