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Back 16 Nelson St
Off Market

16 Nelson St

Bungalow QLD 4870

3
2
2
353 m²
House
Natasha Whalley-ThompsonNatasha Whalley-Thompson, last sold this property on 17 April 2026 after 10 days on market.

Overview

High Yield Queenslander on 353m² Close to Cairns CBD with Strong Holding Income and Future Potential

Possessing timeless character and charm, this beautifully renovated highset Queenslander showcases classic features including soaring ceilings, casement windows, and stunning tulip oak floors, all complemented by fantastic street appeal. Set on a flat 353m² block, and perfectly positioned close to the Cairns CBD, this property delivers an exceptional balance of lifestyle and investment in a sensational city-fringe location with exciting future potential. From an investment perspective, the home offers a strong holding income, currently returning $1,125 per week, with a flexible layout that is presently configured to provide two separate rental returns, delivering immediate cash flow and long-term upside. The lower level offers additional utility space and is currently tenanted; however, please note this area is not legal height and is not approved as a separate dwelling. The property features separately metered electricity, individual laundries for each tenancy, and separate car accommodation allocated to each. Water is supplied via a single meter and is currently paid by the landlord. Tenancy 1 - Upstairs • 3 Bedrooms | 1 Bathroom • Rent: $570 • Lease end: 13/04/2027 Tenancy 2 - Downstairs (non-approved / not legal height) • 3 rooms + bathroom • Rent: $570 per week • Lease end: 25/08/2026 Opportunities like this are increasingly rare - a character-filled Queenslander on a generous inner-city block, delivering exceptional holding income and outstanding future potential just minutes from the Cairns CBD. Whether you're seeking a high-yielding investment or a strategic landholding in a growth location, this is a property that truly stands out. Additional Information: • Building and Pest Inspection available upon request • Video walkthrough available via WhatsApp • Open Homes every Saturday until SOLD • Private Inspections are welcomed. A minimum of 48hrs notice is required due to the tenancies in place In-Room Auction When: Tuesday, 28th April 2026 Where: Bluewater Bar & Gril - White House Room Time: From 5:30pm Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/Nqbn4

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
353 m² floor area
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bungalow over the last 12 months, the estimated median property value of 16 Nelson St is $692.5k.

Median value
$692.5k
Estimated value range
$530k - $970k
Median days on market
20
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bungalow. 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 16 Nelson St

2026
Sold
Undisclosed
17 Apr 2026 by Natasha Whalley-Thompson, of Ray White Cairns
2022
Sold
$495,000
10 Mar 2022 by David Hall, of Ray White Cairns

Happy sellers in Bungalow

93%
93% of sellers in Bungalow reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Bungalow over the last 12 months.

Local market activity for 3 bedroom houses in Bungalow

In the last 12 months, 13 three-bedroom houses similar to 16 Nelson St, have been sold.

This represents a 19% increase in three-bedroom houses 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 Bungalow

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Zoe Wicks

Sellers who recommend Zoe Wicks have praised them for being clear communication, local expert, friendly, responsive, supportive, well-prepared and great negotiation

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Alexie Aristides

Sellers who recommend Alexie Aristides have praised them for being clear communication, local expert, responsive, well-prepared, friendly, stress-free process and supportive

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Kaine Rowe

Kaine Rowe is a recommended agent for Bungalow.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (218 reviews)
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Ben August

Sellers who recommend Ben August have praised them for being local expert, clear communication, responsive, honest, supportive, trustworthy and friendly

  •   5   (279 reviews)
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