Back 25/55 MCCORMACK STREET
Off Market

25/55 MCCORMACK STREET

Manunda QLD 4870

2
1
1
82 m²
Apartment
Last sold for $343,000
Katie Bavister-GilesKatie Bavister-Giles, last sold this property on 23 December 2025 after 28 days on market.

Overview

CHARMING & SPACIOUS TWO BEDROOM UNIT CLOSE TO CBD GREAT RETURNS

If you are looking for a large, light, and low maintenance unit close to the CBD, then put this one on your list to view. With low body corporate levies and delightful, long-term residents in place, Palm Tree Apartments is a wonderful place to call home. The unit is located on the first floor up at the front of the complex, meaning more privacy and a peaceful living environment. As you enter the unit, you walk into the large kitchen, boasting vast bench & cupboard space and an updated stove & range hood. The living area is tiled and open plan, flowing onto the balcony area through large glass doors. There is an air conditioner to keep this area cool. As it is located at the front of the building, it has another window in the living room, making it brighter with amazing cool breezes. The two bedrooms each have a ceiling fan, carpet, and a huge built-in wardrobes. Each bedroom also has an upgraded box air conditioner. There is one internal bathroom & laundry, which is huge with great storage. An electric clothes dryer is included, and the apartment is otherwise unfurnished. The complex, called Palm Tree Apartments, is well-presented and was repainted externally a couple of years ago. The body corporate committee are active and maintain the complex to a high standard. This in turn brings lovely residents, both tenants & owner occupiers. The location is perfect within walking distance to shopping centres, day cares & schools, transport links, and a short drive to the CBD. There is one covered parking space for the unit, some additional visitor parking bays, lovely gardens to enjoy, and a sparkling in ground pool to the rear of the complex. If you are looking for a property to purchase with lucrative returns and low outgoings, then please email or call us today for further information and to arrange a suitable time to see the property for yourself. The property can be rented or owner occupied. ADDITIONAL INFORMATION: - - Body Corporate Fees $3,806.26 per year. - Council Rates approx. $3,100 per year. - Currently tenants at $410 per week on a fixed lease to 6/12/2026 - Last rent increase is 14/12/2025 to $410 per week. - Floor area = 82m

Features

2 bedrooms
1 bathroom
1 carspace
82 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Manunda over the last 12 months, the estimated median property value of 25/55 MCCORMACK STREET is $380k.

Median value
$380k
Estimated value range
$320k - $540k
Median days on market
24
Estimated value trend
38%
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 25/55 MCCORMACK STREET

2025
Sold
$343,000
Private Sale/Treaty on 23 Dec 2025 by Katie Bavister-Giles, of Property Ladder Realty
2016
Sold
$139,000
11 Jul 2016

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 2 bedroom apartments in Manunda

In the last 12 months, 10 two-bedroom apartments similar to 25/55 MCCORMACK STREET, have been sold.

This represents a 59% increase in two-bedroom apartments sales when compared to the previous 12 months.

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