16 Nelson Street, Bungalow QLD 4870

For Sale

16 Nelson Street, Bungalow QLD 4870-Floorplan

House

Type

Bedrooms

Bathrooms

Parkings

353.0 m²

Area

Last updated on Monday, April 20, 2026 ( See property details for 16 Nelson Street, Bungalow QLD 4870)

$650,000

Natasha WhalleyThompson - Real Estate Agent - Ray White - Cairns

Natasha WhalleyThompson SALES & MARKETING AGENT

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated Queenslander on a flat city-fringe block offering dual rental income, character features, and outstanding future growth potential.

🏡 Property Highlights

Timeless character and charm of a beautifully renovated Queenslander
Exceptional city-fringe location close to Cairns CBD
Flexible layout with two separate rental incomes for immediate cash flow
Generous 353m² flat block with fantastic street appeal
Strong investment return of $1,125 per week
Potential for future upside in a growth area

✨ Key Features

Open-Plan Living
Built-in Robes
Waterfront / Views
Home Office / Study
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Garage / Secure Parking
Outdoor Area / Balcony

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16 Nelson Street

Bungalow, QLD 4870

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Suburb and Property Insights of Bungalow, QLD 4870

Bungalow is a vibrant suburb offering excellent walkability, proximity to Cairns CBD, and a strong community atmosphere. Key points include: convenient city access, diverse local amenities, established character homes, future growth prospects, and a relaxed lifestyle in a sought-after location.

Frequently Asked Questions

What is the condition of the property and its renovation quality?

The property is a beautifully renovated Queenslander featuring timeless character and modern updates, ensuring a high standard of condition and appeal.

Are there any restrictions or approvals needed for the downstairs area?

Yes, the downstairs area is not approved as a separate dwelling and is not legal height, which should be considered for future development or use.

What are the current rental yields and potential for future income growth?

The property currently generates $1,125 per week from two tenancies, with potential for increased income depending on market conditions and lease renewals.

What are the zoning and planning considerations for this property?

The property is situated on a flat 353m² block within a growth corridor, with existing residential zoning; further planning details should be confirmed with local authorities.

Are there any upcoming developments or planning changes in the area?

Potential future developments in the vicinity could enhance the area's value; local council planning schemes should be reviewed for specific projects.

What to ask about this property to agent?

Are there any hidden costs associated with the property, such as maintenance or upcoming levies? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any restrictions or easements affecting the property’s use or future development? What is the condition of the roof, foundations, and other structural elements? Are there any ongoing or planned construction projects nearby that could impact the property? Is the property compliant with all local building codes and regulations? What are the terms of the current leases, and are there any upcoming lease renewals or rent reviews? Are there any strata or body corporate fees applicable if applicable? What are the zoning restrictions that could affect future modifications or extensions? Is there any history of pest issues or other maintenance concerns?

16 Nelson Street, Bungalow QLD 4870 - More Details

High Yield Queenslander on 353m² Close to Cairns CBD with Strong Holding Income and Future Potential

Possessing timeless character and charm, this beautifully renovated highset Queenslander showcases classic features including soaring ceilings, casement windows, and stunning tulip oak floors, all complemented by fantastic street appeal. Set on a flat 353m² block, and perfectly positioned close to the Cairns CBD, this property delivers an exceptional balance of lifestyle and investment in a sensational city-fringe location with exciting future potential.

From an investment perspective, the home offers a strong holding income, currently returning $1,125 per week, with a flexible layout that is presently configured to provide two separate rental returns, delivering immediate cash flow and long-term upside.

The lower level offers additional utility space and is currently tenanted; however, please note this area is not legal height and is not approved as a separate dwelling.

The property features separately metered electricity, individual laundries for each tenancy, and separate car accommodation allocated to each. Water is supplied via a single meter and is currently paid by the landlord.

Tenancy 1 - Upstairs
• 3 Bedrooms | 1 Bathroom
• Rent: $570
• Lease end: 13/04/2027

Tenancy 2 - Downstairs (non-approved / not legal height)
• 3 rooms + bathroom
• Rent: $570 per week
• Lease end: 25/08/2026

Opportunities like this are increasingly rare - a character-filled Queenslander on a generous inner-city block, delivering exceptional holding income and outstanding future potential just minutes from the Cairns CBD. Whether you're seeking a high-yielding investment or a strategic landholding in a growth location, this is a property that truly stands out.

Additional Information:
• Building and Pest Inspection available upon request
• Video walkthrough available via WhatsApp
• Open Homes every Saturday until SOLD
• Private Inspections are welcomed. A minimum of 48hrs notice is required due to the tenancies in place

In-Room Auction
When: Tuesday, 28th April 2026
Where: Bluewater Bar & Gril - White House Room
Time: From 5:30pm

Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/Nqbn4

Type: House
Bedrooms: 6
Bathrooms: 2
Parkings: 2
Area: 353.0m²

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Natasha WhalleyThompson

16 Nelson Street, Bungalow QLD 4870

$650,000

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