13/164-172 Spence Street, Bungalow, Qld 4870

Offers Over $529,000

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings
89 m²
Area

Published on Monday, June 22, 2026 ( See property details for 13/164-172 Spence Street, Bungalow, Qld 4870)

Offers Over $529,000

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

A stylish ground floor apartment in a secure resort complex, offering easy access, modern comfort, and excellent investment potential in Cairns' prime location.

🏡 Property Highlights

  • Ground floor position for easy access
  • Enclosed patio with direct access to lush gardens and resort-style pool
  • Currently operating as a successful Airbnb with approximately $30,000 net annual income
  • Secure gated complex with onsite management
  • Ideal location within walking distance to Cairns CBD, Cairns Central, and Esplanade
  • Bright south-easterly aspect capturing natural light

✨ Key Features

  • Built-in Robes
  • Split System Air Conditioning
  • Outdoor Area
  • Open-Plan Living
  • Secure Parking
  • Swimming Pool
  • Ground Floor
  • Outdoor Area / Balcony
  • Internal Laundry
  • Low-Maintenance Yard

Cairns is a vibrant tropical city renowned for its laid-back lifestyle, stunning waterfront, and proximity to natural attractions. The suburb of Bungalow offers convenient access to the CBD, shopping centres, and the Esplanade, making it ideal for both residents and investors. With a strong community vibe, excellent amenities, and a warm climate, Cairns continues to attract those seeking a relaxed yet connected lifestyle. The area benefits from ongoing development and a thriving tourism industry, ensuring long-term appeal for property owners. Its walkability and proximity to key services make it a highly desirable location for city-fringe living.

Is this property suitable for short-term rentals like Airbnb?
Yes, the property is currently operated as a successful Airbnb, indicating its suitability for short-term rental income.
What are the ongoing body corporate fees and what do they include?
The annual body corporate fees are $9,174, which typically cover maintenance of common areas, security, and management services.
What is the condition of the apartment and what renovations have been done?
The apartment is well-maintained with modern features, including split system air-conditioning and built-in wardrobes, ready for immediate occupancy or rental.
Are there any restrictions or approvals needed for Airbnb or short-term rentals?
Potential buyers should verify with the body corporate and local council regarding any restrictions or approvals required for short-term rental operations.
What are the future income expectations for this property?
Historical data shows approximately $30,000 net per annum, but buyers should conduct their own due diligence for future income projections.
Are there any upcoming maintenance or special levies planned for the complex? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on future renovations or modifications to the apartment? What are the zoning regulations and are there any easements affecting the property? Are there any planned developments or construction nearby that could impact the property’s value or living environment? Is the property compliant with all building and safety standards? Are there any ongoing disputes or issues within the body corporate? What are the long-term vacancy rates and rental demand in this complex? Are there any additional costs or fees not included in the listed body corporate fees? Has the property been inspected for pests, mold, or structural issues?

13/164-172 Spence Street, Bungalow, Qld 4870 - More Details

Offers Over $529,000

Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1
Area
89 m²

Inspections times

  • Inspection Sat 27 Jun 11:00 am

    Saturday 27 June
    11:00 am - 11:30 am

Interactive Property Floorplan - 13/164-172 Spence Street, Bungalow, Qld 4870

13/164-172 Spence Street, Bungalow, Qld 4870
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