5/171 Buchan St, Bungalow, QLD, 4870

SMART BUYING - FIRST HOME BUYERS & INVESTORS, TAKE NOTE!

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Saturday, March 28, 2026 ( See property details for 5/171 Buchan St, Bungalow, QLD, 4870)

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A beautifully renovated, low-maintenance ground-floor apartment in a boutique complex, offering excellent lifestyle and investment potential in a prime inner-city location.

🏡 Property Highlights

  • Beautifully renovated ground-floor apartment in a boutique complex
  • In-ground pool within the complex for residents' enjoyment
  • Low body corporate fees of approximately $4,000 per annum
  • Excellent rental potential with weekly income estimates of $520 - $550
  • Prime location just minutes from the city and within walking distance to amenities
  • Low-maintenance, move-in ready property ideal for first home buyers, downsizers, or investors

✨ Key Features

  • Swimming Pool
  • Garage
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Extra Storage (Shed/Linen)
  • Waterfront / Views

Bungalow offers a vibrant inner-city lifestyle with excellent walkability, proximity to amenities, and a friendly community atmosphere. The suburb features well-maintained streets, convenient access to public transport, and a range of local cafes and shops. Its central location makes it ideal for professionals, students, and investors seeking a thriving urban environment. Bungalow combines convenience with a relaxed lifestyle, making it a highly desirable place to live or invest.

Is the property suitable for first-time buyers?
Yes, this renovated ground-floor apartment offers a low-maintenance lifestyle with excellent amenities, making it ideal for first-time buyers entering the market.
What are the ongoing costs associated with the property?
The approximate annual body corporate fee is $4,000, with council rates around $1,700 half-yearly. Additional costs may include utilities and insurance.
Does the property have any community facilities?
Yes, residents have access to an in-ground pool within the boutique complex, providing a relaxing outdoor space.
Is the property move-in ready?
Yes, the apartment has been recently renovated and is move-in ready, requiring no immediate upgrades.
What is the rental potential of the property?
The property has a rental appraisal of approximately $520 to $550 per week, making it a strong investment opportunity.
Are there any upcoming or planned developments in the area that could affect the property's value or living environment? Has the property been inspected for any structural issues or defects, especially related to recent renovations? Are there any restrictions or easements on the property that could impact future modifications or use? What are the specific strata or body corporate rules and fees, and are there any special levies planned? Is the property located in a flood or bushfire-prone zone, and what are the associated risks? Are there any noise or nuisance issues from neighboring properties or nearby construction sites? What is the history of the property's compliance with building codes and regulations? Are there any planned changes to local zoning laws that could influence property value or usage? Is there any ongoing maintenance or repairs needed for the complex or the apartment itself? Are there any restrictions on pets or other lifestyle considerations within the complex?

5/171 Buchan St, Bungalow, QLD, 4870 - More Details

SMART BUYING - FIRST HOME BUYERS & INVESTORS, TAKE NOTE!

Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

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