279-285 Mulgrave RoadBungalow QLD 4870
Property Details for 279-285 Mulgrave Rd, Bungalow
Last Listing description (September 2021)
Savills is delighted to offer for sale (as part of a broader national portfolio of 'The Good Guys' retail investments) this large, high exposure retail showroom of 3,895sq m*.
Key attributes of the property are:
- Modern, corner retail showroom of 3,895sq m*
- New 10+5 year lease to 'The Good Guys'
- Current Net Rental: $780,515 pa* + GST
- High exposure position on the main road into Cairns CBD
- Large corner site of 6,780sq m*
- Located directly opposite DFO Cairns and amongst other major retailers
EOI now closed. Offers under assessment
For further information, please contact:
Jon Tyson - 0424 506 124
Peter Tyson - 0418 725 155
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Property History for 279-285 Mulgrave Rd, Bungalow, QLD 4870
- 10 Jul 2017Sold for $9,800,000
- 11 Apr 2017Listed for Sale EOI Closing Wednesday 17 May at 2pm
- 08 Aug 2003Sold for $2,450,000
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 1,981 properties. Over the last 5 years, Houses in Bungalow have seen a 71.03% increase in median value, while Units have seen a 114.04% increase. As at 31 December 2025:
- The median value for Houses in Bungalow is $611,614 while the median value for Units is $403,046.
- Houses have a median rent of $540 while Units have a median rent of $435.
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