CITY FRINGE QUEENSLANDER (7brm, 3 bath) ~ COMMERCIAL POTENTIAL (Light Industrial Zoning)
Location, location, location! Calling all cashed up investors, the owners instructions are clear, this property must be sold! What an opportunity to profit for the astute investor.... 7 brms, 3 bath, 2 kitchens and situated within an easy bike ride or walk to the CBD, schools & shopping centre. The opportunities for this property are endless, Light Industrial Zoning will also allow you to run a business or convert to offices. The income potential is excellent as rooms have the possibility to be rented for $150 each per wk.
Vendors loss is your gain, this property must be sold, paid $485,000, NOW HIGH $300,000'S all reasonable offers considered.
The size of Bungalow is approximately 2.2 square kilometres. It has 3 parks covering nearly 1.9% of total area. The population of Bungalow in 2016 was 2159 people. By 2021 the population was 2358 showing a population growth of 9.2% in the area during that time. The predominant age group in Bungalow is 30-39 years. Households in Bungalow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungalow work in a trades occupation.In 2021, 36.90% of the homes in Bungalow were owner-occupied compared with 34.70% in 2016.
Bungalow has 1,982 properties. Over the last 5 years, Houses in Bungalow have seen a 76.63% increase in median value, while Units have seen a 113.36% increase. As at 30 April 2026:
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