16 Nelson StreetBungalow QLD 4870
Property Details for 16 Nelson St, Bungalow
16 Nelson St, Bungalow is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 353m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in Bungalow in the last 12 months.
Last Listing description (April 2026)
Possessing timeless character and charm, this beautifully renovated highset Queenslander showcases classic features including soaring ceilings, casement windows, and stunning tulip oak floors, all complemented by fantastic street appeal. Set on a flat 353m² block, and perfectly positioned close to the Cairns CBD, this property delivers an exceptional balance of lifestyle and investment in a sensational city-fringe location with exciting future potential.
From an investment perspective, the home offers a strong holding income, currently returning $1,125 per week, with a flexible layout that is presently configured to provide two separate rental returns, delivering immediate cash flow and long-term upside.
The lower level offers additional utility space and is currently tenanted; however, please note this area is not legal height and is not approved as a separate dwelling.
The property features separately metered electricity, individual laundries for each tenancy, and separate car accommodation allocated to each. Water is supplied via a single meter and is currently paid by the landlord.
Tenancy 1 - Upstairs
• 3 Bedrooms | 1 Bathroom
• Rent: $570
• Lease end: 13/04/2027
Tenancy 2 - Downstairs (non-approved / not legal height)
• 3 rooms + bathroom
• Rent: $570 per week
• Lease end: 25/08/2026
Opportunities like this are increasingly rare - a character-filled Queenslander on a generous inner-city block, delivering exceptional holding income and outstanding future potential just minutes from the Cairns CBD. Whether you're seeking a high-yielding investment or a strategic landholding in a growth location, this is a property that truly stands out.
Additional Information:
• Building and Pest Inspection available upon request
• Video walkthrough available via WhatsApp
• Open Homes every Saturday until SOLD
• Private Inspections are welcomed. A minimum of 48hrs notice is required due to the tenancies in place
In-Room Auction
When: Tuesday, 28th April 2026
Where: Bluewater Bar & Gril - White House Room
Time: From 5:30pm
Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/Nqbn4
Property History for 16 Nelson St, Bungalow, QLD 4870
- 18 Apr 2026Sold
- 07 Apr 2026Listed for Sale SOLD prior to Auction!
- 18 Feb 2022Sold for $495,000
Recent sales nearby
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About Bungalow 4870
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 76.48% increase in median value, while Units have seen a 113.04% increase. As at 31 March 2026:
- The median value for Houses in Bungalow is $635,985 while the median value for Units is $430,468.
- Houses have a median rent of $600 while Units have a median rent of $450.
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