About this property
251 Spence Street in Bungalow, Queensland, sits on a 497 m² land parcel and includes two parking spaces. It was sold for $410,000 on 14 Jun 2021
Residential Property
251 Spence Street
Bungalow QLD 4870, Australia
3
Bedrooms
1
Bathrooms
2
Parking
497 m²
Land size
-
Internal area
$410,000
Last sale (2021)
Key details
- Locality
- Bungalow
- State
- QLD
- Coordinates
Latitude and longitude for the mapped property location.
- 16.93738706 / 145.76061942
- GNAF PID
A unique ID for this address in Australia's national address database.
- GAQLD155094271
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- 2/RP714522
- Remoteness area
- Regional
- Property type
- Industrial
- Land size
- 497 m²
- Internal area
- -
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- Industrial
Market estimates
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
High confidence
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
Medium confidence
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
Low confidence
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Expected weekly rent
$560
Confidence
Medium
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 14 Jun 2021 | $410,000 | $824 |
| Sale | 30 Sep 1992 | $132,000 | $265 |
| Sale | 14 Sep 1987 | $77,500 | $155 |
Price per m² based on land size of 497 m².
Real Estate Agencies
Ordered by:
Popularity is a formula combining local activity, sales speed, and rental speed signals.
@Realty - National Head Office Australia
Ray White - Cairns, Cairns Beaches & Palm Cove
Cairns Property Office - Cairns
Inspire Real Estate Cairns - Cairns
Explore Property - Cairns
Champions in Real Estate - Cairns
Belle Property - Cairns
Walker Real Estate - Cairns
One Stop Property - Cairns
Cairns Property Office - REDLYNCH
August Estate Agents
Boutique Real Estate QLD
Sibi Girgenti Real Estate - MAREEBA
Powerhouse Property FNQ
Palm House Property
Hunt Realty - Cairns
Revolution Real Estate Cairns
Property Ladder Realty - Bungalow
Wolf Real Estate Agents - STRATFORD
HILLEBRAND PROPERTY GROUP - YORKEYS KNOB
Taylor Jones Property - Cairns
* Approximate straight-line distances
Nearby schools
Type:
Ordered by:
Indie School, Logan - Parramatta Park Campus
1.5 km
Secondary school | Independent
FNQ Vocational Academy
1.9 km
Secondary school | Independent
Mastery Schools Australia - Cairns Campus
2.2 km
Combined school | Independent
Cape York Aboriginal Australian Academy
2.2 km
Primary school | Government
Mungalla Silver Lining School - Carins Temporary Facility
2.3 km
Secondary school | Independent
Pelicans in the City - Centre One
1.2 km
Pelicans in the City - Centre Two
1.2 km
* Approximate straight-line distances
Frequently asked questions
What is the size of the land and parking provision for this commercial site?
The property occupies 497 m² of freehold land and offers two dedicated parking spaces for staff or customers
How is the site accessed via major roads and highways?
It sits just south of Mulgrave Street, a main arterial road that connects the Bruce Highway to the south with the Captain Cook Highway to the north, providing straightforward vehicular access
Which nearby commercial amenities could complement a business operating here?
Within a short walk you’ll find the Showground Shopping Centre, the German Club Cairns, and several sports venues such as Barlow Park and Cazaly’s Stadium, all of which generate regular foot traffic
What public transport options are available near the property?
Although the former Bungalow railway station on Spence Street has been removed, the area is serviced by regular bus routes along Mulgrave Street and is close to the Cairns city centre transport hub
What types of businesses are best suited to this location?
Given its modest land size, two parking spaces, and position in a mixed residential‑commercial neighbourhood, the site is ideal for small‑scale retail, professional offices, or service‑oriented enterprises that benefit from nearby shoppers and road connectivity
How close is the property to major event venues or community facilities?
The site is approximately 1 km from the Cairns Pop‑Up Arena, Barlow Park and Cazaly’s Stadium, making it convenient for businesses that serve event attendees
What is the local population context for potential customers?
Bungalow recorded a population of about 2,358 people in the 2021 census, providing a modest residential base for local patronage
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