161 Scott StreetBungalow QLD 4870
Property Details for 161 Scott St, Bungalow
Last Listing description (June 2026)
POSITION YOURSELF FOR THE FUTUREPosition yourself for the future Positioned in the heart of Bungalows established industrial precinct, this freestanding property offers a rare opportunity to secure a long-standing mechanical workshop with excellent exposure and practical improvements tailored to automotive and light industrial operators.This no-frills mechanical workshop is currently leased till June 2027, to a mechanical workshop that has operated from this location since the mid-1940s. The property combines functionality, accessibility, and a highly recognisable locationmaking it an ideal investment for future owner-occupiers, mechanical businesses, or industrial shed users.Features Exceptional exposure within a tightly held industrial area Surrounded by complementary automotive and trade services Highly visible Scott Street frontage with strong daily traffic Street front roller door for easy workshop access Small office to the side In-ground separator suitable for mechanical and industrial uses 5 kW solar system installed Fixed term 18 month lease (no options) Passing Income: $68,752 + GST plus 100% outgoings recovered Lease expiry: 30 June 2027 (no further options)
Property History for 161 Scott St, Bungalow, QLD 4870
- 18 Jun 2026Sold
- 01 Apr 2026Listed for Sale Contact Agent
- 26 Oct 2004Sold for $330,000
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About Bungalow 4870
The size of Bungalow is approximately 2.2 square kilometres. There are 3 parks, covering nearly 1.9% of the 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 75.70% increase in median value, while Units have seen a 112.87% increase. As at 30 June 2026:
- The median value for Houses in Bungalow is $656,258 while the median value for Units is $444,677.
- Houses have a median rent of $600 while Units have a median rent of $460.
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