13/164-172 Spence Street, BungalowQLD 4870

Apartment · 2 bed · 2 bath · 1 car · 89 m²

Offers Over $529,000

Listing detail

13/164-172 Spence Street, Bungalow — photo 1 of 5
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13/164-172 Spence Street, Bungalow

Listing data updated 22 June 2026

2 bed2 bath1 car89 m² land

Positioned within a secure and beautifully maintained resort-style complex of just 48 residences, this ground floor apartment presents an exceptional opportunity for both owner occupiers and investors seeking convenience, comfort and lifestyle. Ideally located within easy walking distance to the Cairns CBD, Cairns Central Shopping Centre and the Esplanade, enjoy the benefits of low-maintenance living in one of Cairns' most convenient locations. The ground floor position provides effortless access, while the enclosed patio offers a private retreat with direct access to the lush gardens and sparkling resort-style pool-perfect for embracing the tropical lifestyle year-round. Inside, the apartment offers a generous open plan living and dining area, complemented by built-in wardrobes and split system air-conditioning throughout for year-round comfort. The sought-after south-easterly aspect captures natural light while avoiding the harsh afternoon sun. Currently operating as a successful Airbnb accommodation, the property presents an attractive opportunity for investors seeking immediate income potential. Historical financial information is available upon request, with the property having historically generated approximately $30,000 net per annum. Buyers should make their own enquiries regarding future income expectations. Whether you're searching for a city-fringe home, lock-and-leave lifestyle or secure investment opportunity, this property offers outstanding value in an enviable location. The Facts Ground floor position for easy access Enclosed patio with direct access to gardens and resort-style pool Spacious open plan living and dining area Desirable south-easterly aspect with no western afternoon sun Built-in wardrobes and split system air-conditioning throughout Easy walking distance to Cairns CBD, Cairns Central and Esplanade Secure gated complex with onsite management Tropical resort-style swimming pool Currently utilised as a successful Airbnb accommodation Historical financial information available upon request Historically returning approximately $30,000 net per annum* Body Corporate Fees: $9,174 per annum Rates: $3,266 per annum *Income figures are historical only and should not be relied upon as an indication of future performance. Contact Giles today to arrange your private inspection and discuss the property's investment potential in more detail. Please note a minimum of 24 hours' notice is required for all inspections. All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

RealistIQ deal score

Strong value signal

92

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 13/164-172 Spence Street, Bungalow before you inspect or make an offer.

Independent price check

Estimate vs market price guide

Market price guide is 20%+ below RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $556,000 - $871,000Wider ranges mean more uncertainty.
RealistIQ estimate$714,000
Market price guide$529,000
$556,000$871,000

Before you inspect, check what similar properties actually sold for.

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Property features

Features detected from the listing details.

Comfort

Air conditioningBuilt-in wardrobes

Outdoor & building

Swimming poolGarden / courtyardGround floor

Lifestyle & views

Study

Inspections

Sat, 27 June 2026, 11:00 am - 11:30 am

Listing details

Status
Offers Over $529,000

Agent and agency

Contact

Giles Lort-Phillips

Agency

Twomey Schriber Property Group

External listing
larger land