47/164 Spence Street, Bungalow, QLD, 4870

SoldDec 15, 2023

47/164 Spence Street, Bungalow, QLD, 4870

$350,000

110 m²

Unit

•

16 days on the market

Sold: Dec 15, 2023

What's around 47/164 Spence Street

Top Floor City Apartment - FOCUS ON SPENCE

For the owner occupier or for the investor, this fantastic breezy top floor apartment forms part of the contemporary Focus On Spence complex. Located at the rear overlooking Barlow Park sports field you don't feel overlooked or part of a large complex. With direct access to the Cairns CBD and Esplanade, choose between a comfortable CBD resort lifestyle or a secure managed investment. Featuring an open plan breezy living area with direct access to a large balcony that can be enclosed with plantation shutters. Master bedroom features an ensuite, guest bedroom is adjacent to the main bathroom for convenience and also has its own private balcony, perfect setup for a flatmate. FACTS & FIGURES: Lots in Complex: 48 Unit Size: 110sqm Body Corp Fees: $5,608 per annum Council Rates: $2,760 per annum Sinking Fund: $129,075 credit Admin Fund: $88,570 credit Rental Potential: $510 per week ROI: 5.2% NET on $350,000 @ $510/week All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

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Seller's review

over 2 years ago

Verified Review

Swift and efficient results

Thank you so much to Karl and the entire Twomey Schriber team! After contacting Karl about my property, they promptly provided a solution, and the property successfully sold within a day of being listed. Despite the challenging conditions during the Cairns cyclone, they went the extra mile to ensure all doors and windows were securely closed. Extremely professional and highly responsible

Seller