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SOLD

194 Spence St, Bungalow, QLD 4870

Unique opportunity in Cairns Far North Queensland

The phone enquiry code for this property is - 3475

Property consisting of:
Upstairs
2 x 3 bedroom large apartments (100 sq metre)
Downstairs
2 shops and or offices
Property is only 1.5 km from the centre of Cairns City.
On 881 sq metres of flat land (zoned low impact industrial).
Property has a 26.64kw solar farm on the roof.
Ideal for owners’ residence and business downstairs. Or spacious residence plus 3 incomes.
Property contains room for additional development.
Property is currently fully let and returning $80,000 per annum.
Offers over $800,000 considered.

Cairns prices have risen but not yet to the extent of southern cities where the average price of houses in Melbourne is just short of one million dollars and Sydney over a million. This property offers a great opportunity to get away from the southern states to a laid back tropical lifestyle in an affordable environmentally friendly lifestyle with a combined home and income property.