16 Nelson Street, Bungalow QLD 4870

House
Type
6
Bedrooms
2
Bathrooms
2
Parkings
353.0 m2
Area

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

$650,000

  • 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

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.

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.
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

Type
House
Bedrooms
6
Bathrooms
2
Parkings
2
Area
353.0m2

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