The Ray Murphy Team is pleased to present for sale this rare opportunity to acquire a well-established storage complex in Bungalow, only minutes from the Cairns CBD. With consistent occupancy rates, strong exposure, and future development potential, this property represents an outstanding addition to any investment portfolio.
Positioned on a 1,294m² allotment zoned Industry, the complex comprises a total of 32 storage sheds, including:
• 24 sheds at 5.5m x 3m
Designed for ease of access, the facility offers a clear hardstand driveway with both drive-in and walk-in entry, ensuring convenience for tenants.
Investment Highlights:
• Consistently high occupancy levels delivering reliable income
• 32 well-proportioned storage sheds
• Highly exposed location in a central industrial precinct
• 1,294m² allotment with zoning that supports future development opportunities
Opportunities to secure industrial investments of this calibre and scale are seldom available. With strong demand for storage facilities and an established income stream, this property is perfectly positioned to deliver immediate returns with long-term growth potential. Contact 'The Ray Murphy Team' today register your interest!
Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
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 1,983 properties. Over the last 5 years, Houses in Bungalow have seen a 72.04% increase in median value, while Units have seen a 107.45% increase. As at 28 February 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.