50 Morehead Street, Bungalow, QLD 4870 sold on 18 October 2025 | OnTheHouse
SOLD
Sold on 18 Oct 2025 for $848,000

50 Morehead Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 7
Floor area: 83m2
Land area: 495m2
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Property Details for 50 Morehead St, Bungalow

Building Type
Commercial
Year Built
1960
Floor Size
83m2
Land Size
495m2
Local Government
Cairns Regional
Lot/Plan
31/RP714522

Last Listing description (January 2026)

An outstanding opportunity presents itself with this unique dual-purpose property, perfectly suited for business operators, investors or those seeking to combine lifestyle and work. Located within a Light Industry Zoning, this classic Queenslander has been cleverly adapted for commercial use while offering comfortable residential living above.

Ground Floor - Functional Commercial Setup:
Purpose-built office layout featuring a reception area, waiting room, kitchenette, and bathroom with combined laundry

Ideal for a wide range of business uses (STCA)
Previously operating as a car detailing business
Excellent street exposure and signage opportunities

First Floor - Modern Residential Living:
Stylish and updated interiors
Three bedrooms
Open-plan living and dining with ample natural light
Well-appointed kitchen with gas cooktop
Central bathroom and internal laundry

External Features - Ample Parking & Workshop Space:
Multiple undercover carports with capacity for up to six vehicles
Additional single car space beneath the house, complete with a handy workshop area
Extensively utilised grounds - ideal for vehicle-based businesses or tradespeople
Fully fenced property featuring an electric gate and comprehensive security camera system

This is an excellent prospect for those looking to establish a business premises with live-in potential, or for investors searching for a dual-income opportunity in a well-connected industrial precinct. With ample on-site parking, flexible layout, and zoning that supports a variety of light industrial or service-based enterprises (STCA), this property is perfect for trades, automotive services, small manufacturing, or allied health professionals. The ability to live upstairs or lease it separately adds to the property's versatility and long-term value.

Don't miss out - properties offering this level of functionality and zoning are rare!

For further information or to arrange your private inspection, contact The Ray Murphy Team today.

Disclaimer:
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. 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.

Property History for 50 Morehead St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$848,000
18 Oct 2025
  • 18 Oct 2025
    Sold for $848,000
  • 23 Apr 2025
    Listed for Sale UNDER CONTRACT | Contact 'The Ray Murphy Team'
  • 17 Jun 2021
    Transferred for $280,650
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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.
There are currently 17 properties listed for sale, and 7 properties listed for rent in Bungalow on OnTheHouse. According to Cotality's data, 91 properties were sold in the past 12 months in Bungalow.

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Contact agent
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Ben Keene
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Ray Murphy
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Ray White Cairns
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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.