Back 3/115 Buchan St
Off Market

3/115 Buchan St

Bungalow QLD 4870

2
1
1
0 m²
Unit
Last sold for $120,000
David HallDavid Hall, last sold this property on 03 June 2020 after -2 days on market.

Overview

Low Cost Inner City Living

With council rates and body corporate fees under $100 per week combined, this is an inexpensive way to live on the Cairns CBD fringe. Solid, clean and fresh this entry level property is perfect for the owner occupier or investor. Positioned on the ground floor at the rear of the building and close to the carport, this well maintained unit is one of six in the complex. Features Include: - Open plan living and dining opening onto the front patio through timber French doors - Generous kitchen with ample bench and storage space complete with pantry, space for a dishwasher and separate internal laundry - Bedroom with built in wardrobe and split system air conditioning also opening onto the patio - Pool in complex - Current Market Rent Appraisal of approximately $250 per week for a long term rental. - Body Corporate Fees approximately $2,600 per annum with over $54,000 in the sinking fund - Council Rates approximately $2,550 per annum - 73sqm, built in 1992 Walking distance to the Cairns CBD and Esplanade amenities. Located with quick access to International and Domestic Airports, Botanical Gardens the Edge Hill Hub and more.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
0 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Bungalow over the last 12 months, the estimated median property value of 3/115 Buchan St is $397.5k.

Median value
$397.5k
Estimated value range
$259.5k - $490k
Median days on market
34
Estimated value trend
29%
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 3/115 Buchan St

2020
Sold
$120,000
03 Jun 2020 by David Hall, of LJ Hooker Cairns Edge Hill
2018
Sold
Undisclosed
07 Aug 2018 by Vanessa Robinson, of LJ Hooker Cairns Edge Hill

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 units in Bungalow

In the last 12 months, 14 two-bedroom units similar to 3/115 Buchan St, have been sold.

This represents a 18% increase in two-bedroom units sales when compared to the previous 12 months.

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