315-319 Mulgrave Road, Bungalow, QLD 4870 sold on 25 June 2025 | OnTheHouse
SOLD
Sold on 25 Jun 2025 for $2,942,500

315-319 Mulgrave Road
Bungalow QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2263m2
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Property Details for 315-319 Mulgrave Rd, Bungalow

Building Type
Commercial
Land Size
2263m2
Local Government
Cairns Regional
Lot/Plan
710/SP239452

Last Listing description (December 2021)

Taking centre stage, 315-321 Mulgrave Road is easily accessed opposite a controlled intersection, with more than 30,000 vehicles passing per day. The property offers retail, workshops and showrooms and is currently home to a well known marine business and used vehicle display yard. Total site area is 2,263 sqm with a massive frontage of 58 metres.

The property is currently for lease with an opportunity existing to purchase.


2,263 sqm site - massive 58m frontage
180 sqm retail building with 60 sqm tenancy available
Showroom and Office 138 sqm, workshop 307 sqm together with display yards
For Lease $150,000 per annum + GST
Central location on Mulgrave Road - seize the opportunity
Opportunity to own

Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.

Knight Frank Cairns has been successfully operating for over 30 years and incorporates three departments into the one office: a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.

Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.

Property History for 315-319 Mulgrave Rd, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$2,942,500
25 Jun 2025
Listed for Rent
$2.88k/w
08 Dec 2021
  • 25 Jun 2025
    Sold for $2,942,500
  • 10 May 2021
    Sold for $1,850,000
  • 18 Jun 2020
    Listed for Sale Contact Agent
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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 70.09% increase in median value, while Units have seen a 115.79% increase. As at 31 January 2026:

  • The median value for Houses in Bungalow is $623,402 while the median value for Units is $413,170.
  • Houses have a median rent of $510 while Units have a median rent of $440.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Bungalow on OnTheHouse. According to Cotality's data, 87 properties were sold in the past 12 months in Bungalow.

Suburb Insights for Bungalow 4870

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.