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Back 271 Spence Street
Off Market

271 Spence Street

Bungalow QLD 4870

2
1
1
493 m²
House
Last sold for $385,000
Karl LathamKarl Latham, last sold this property on 11 September 2022 after 40 days on market.

Overview

Industry Zoned City Queenslander - Potential 2 Street Frontage Opportunity!

Centrally located on Cairns City Fringe this solid Queenslander is bursting with opportunity and potential. Fully fenced, side access, decent height underneath, good bones, all concrete stumps in excellent condition and a good roof is what you want in a Queenslander! Inside there are lots of hardwood features and although its a 2 huge bedroom home now, it was originally built as a 3 bedroom so can be easily converted back if required. Boasting a golden real estate land zoning of "Light Industry" this property will certainly spark the interest of any savvy investors, developers or tradie business owners. Positioned in a mixed use neighbourhood of residential, commercial and industrial the opportunities are endless. PLUS the owners also own the property directly behind this site at 66 Morehead St that they may consider selling which is a commercial builders shed on 495sqm offering a double back to back block of almost 1000sqm with 2 street frontage! A rare and prime opportunity perfect for tradies or other industrial business's. Use the rear shed for your business and rent out the front house for income?? Enquire for more information.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
493 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Bungalow over the last 12 months, the estimated median property value of 271 Spence Street is $675k.

Median value
$675k
Estimated value range
$550k - $830k
Median days on market
28
Estimated value trend
42%
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 271 Spence Street

2022
Sold
$385,000
11 Sep 2022 by Karl Latham, of Twomey Schriber Property Group

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 2 bedroom houses in Bungalow

In the last 12 months, 4 two-bedroom houses similar to 271 Spence Street, have been sold.

This represents a 100% decrease in two-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

  •   4.9   (243 reviews)
  •  2 Reviews in Bungalow
  •  3 Sales in Bungalow
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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

  •   4.9   (119 reviews)
  •  2 Reviews in Bungalow
  •  2 Sales in Bungalow
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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)
  •  3 Reviews in Bungalow
  •  2 Sales in Bungalow
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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)
  •  2 Reviews in Bungalow
  •  1 Sale in Bungalow
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