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Sold
Apartment
SOLD on Dec 2023
$350,000
47/164-172 Spence Street, Bungalow, QLD, 4870, Australia
2
2
1
110 m²
110 m²
Property Rates
- Council Rates$2760 Yearly
Property Features
- Deck
- Ensuite
- Intercom
- Built-in Robes
- Pool In-Ground
- Air Conditioning
- Split System Air Con
About this Property
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.
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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More Details on 47/164-172 Spence Street, Bungalow QLD
How many bedrooms and bathrooms does 47/164-172 Spence Street, Bungalow have?
47/164-172 Spence Street, Bungalow is a 2 bedroom, 2 bathroom apartment.
Who is the agency that listed 47/164-172 Spence Street, Bungalow?
The agency who listed 47/164-172 Spence Street, Bungalow is Twomey Schriber Property Group - you can contact the agents here.
How many car spots does 47/164-172 Spence Street, Bungalow have?
47/164-172 Spence Street, Bungalow is a 1 car spot home.
How much is 47/164-172 Spence Street, Bungalow?
The price of 47/164-172 Spence Street, Bungalow is $350,000 - contact the agents to find out more.