{"Slug":"house-16-nelson-st-bungalow-qld-4870","CanonicalUrl":"https://realsearch.com.au/house-16-nelson-st-bungalow-qld-4870","Address":"16 Nelson St, Bungalow, QLD, 4870","Suburb":"Bungalow","State":"QLD","Postcode":"4870","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"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.\n\nFrom 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.\n\nThe 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.\n\nThe 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.\n\nTenancy 1 - Upstairs\n• 3 Bedrooms | 1 Bathroom\n• Rent: $570\n• Lease end: 13/04/2027\n\nTenancy 2 - Downstairs (non-approved / not legal height)\n• 3 rooms + bathroom\n• Rent: $570 per week\n• Lease end: 25/08/2026\n\nOpportunities 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.\n\nAdditional Information:\n• Building and Pest Inspection available upon request\n• Video walkthrough available via WhatsApp\n• Open Homes every Saturday until SOLD\n• Private Inspections are welcomed. A minimum of 48hrs notice is required due to the tenancies in place\n\nIn-Room Auction\nWhen: Tuesday, 28th April 2026\nWhere: Bluewater Bar & Gril - White House Room\nTime: From 5:30pm","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Auction"},"Bedrooms":"6","Bathrooms":"2","Parking":"2","Features":[{"Name":"Bedrooms","Value":"6"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"2"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-16.93730026,"Longitude":145.76288136,"Agent":null,"Agency":{"Name":"Ray White - Cairns","CanonicalUrl":"https://realsearch.com.au/agency/ray-white-cairns-2"},"CreatedAt":"2026-04-07T08:37:00.7661971","UpdatedAt":"2026-04-07T08:37:01.1994018"}