6 Allan St, Bungalow is a 2 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1993. The property has a land size of 809m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Bungalow in the last 12 months.
A unique and tightly held opportunity in the heart of Bungalow, just minutes to Cairns CBD, this complex of four large townhouses offers outstanding potential for investors, land-bankers or extended families.
Positioned in a quiet residential street, the property is within walking distance to bus stops, schools, shops, and only a short drive to Cairns Central Shopping Centre and the Esplanade.
Unit 1:
Unit 2:
2 spacious bedrooms with built-in robes 1 bathroom upstairs + 2nd toilet downstairs Master bedroom with balcony Open-plan living and dining
Internal laundry Lockable single garage
Currently tenanted until March 26 @ $380 per week
Unit 3:
2 bedrooms + 2 separate living areas Renovated kitchen with loads of storage & dishwasher 1 bathroom + 2nd toilet downstairs Oversized internal laundry
Lockable single garage.
Currently tenanted until Aug 26 @ $400 per week
Unit 4:
2 spacious bedrooms with built-in robes 1 bathroom upstairs + 2nd toilet downstairs Master bedroom with balcony Open-plan living and dining
Internal laundry Lockable single garage
Currently tenanted until Oct 26 @ $350 per week
Why You'll Love It:
No Body Corporate Fees full control and low outgoings
All four dwellings on one freehold title
Solid brick construction and low-maintenance design
Good rental returns with long-term tenants in place
Sought-after central location, only 5 minutes to Cairns CBD
Long term tenants.
Financials:
Rates: $3500 per unit per year
Current Rent : $1550 per week
Current Returns: 5.7%-
Potential ROI: 7% with market rent.
Potential rent: $2000 per week.
This is a rare chance to secure a versatile and high-performing asset in a prime inner-city suburb. Opportunities like this are hard to find don't miss your chance to own a full complex in one of Cairns' most connected suburbs.
Disclaimer: The photographs used in this advertisement have been digitally enhanced and may not accurately represent the property's current appearance to protect tenant privacy.
Units 1, 2, and 4 share the same floor plan as depicted.. They are intended to convey the property's potential only. Prospective buyers should conduct their own inspections and due diligence.
Powerhouse Property is a licensed real estate agency. However, we are not licensed builders, inspectors, or valuers. The information provided is supplied by third parties and offered as a general guide only. We make no guarantees as to its accuracy, completeness, or currency and accept no liability for any errors, omissions, or misstatements. This material does not constitute building, pest, planning, or legal advice. Independent inspections and professional advice are strongly recommended.
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 1,982 properties. Over the last 5 years, Houses in Bungalow have seen a 72.04% increase in median value, while Units have seen a 107.45% increase. As at 28 February 2026:
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