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Back 42/55 McCormack Street
Off Market

42/55 McCormack Street

Manunda QLD 4870

2
1
1
82 m²
Apartment
Last sold for $332,000
Katie Bavister-GilesKatie Bavister-Giles, last sold this property on 12 December 2025 after 24 days on market.

Overview

LOVELY, SPACIOUS TWO BEDROOM UNIT - LOW BODY CORPORATE FEES

If you are looking for a fantastic set & forget investment, or a low maintenance property to call your very own, then this one may be just what you're looking for. This apartment is located on the top floor and huge internally compared to many other two-bedroom apartments. When entering the unit, you walk into the tiled, open plan kitchen, living, dining area, The kitchen has ample bench and cupboard space. The living area includes an air conditioner and ceiling fan and the large glass sliding doors leading to the private balcony. The bedrooms are carpeted for comfort, with large wardrobes, air conditioning and ceiling fans to both rooms. There is an internal laundry and bathroom between the two bedrooms, with great storage space. The unit has had many internal upgrades completed over the years - including internal painting, new carpets in the bedrooms, new white goods, upgraded ACs, new window coverings, upgraded oven and range hood, tapware and presents really nicely. 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 well, 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, 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 us today for further information and to arrange a suitable time to see the property for yourself. ADDITIONAL INFORMATION: - - Body Corporate Fees $3,806.26 per year. - Council Rates approx. $3,100 per year. - Currently vacant for sale purposes. - Last rent increase was 6/02/2025 to $385 per week. - Rental appraisal approx. $430 per week. - Floor area = 82m2

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 42/55 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 42/55 McCormack Street

2026
Rented
Undisclosed
Leased on 18 Feb 2026 by Professionals Cairns South
2025
Sold
$332,000
Private Sale/Treaty on 12 Dec 2025 by Katie Bavister-Giles, of Property Ladder Realty

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 42/55 McCormack Street, have been sold.

This represents a 59% increase in two-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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