Mccoombe StreetBungalow QLD 4870
Property Details for Lot 20 Mccoombe St, Bungalow
Last Listing description (April 2026)
Permanent Management Rights for Sale
Live, Work & Earn in Tropical North Queensland
- Well-maintained residential complex in a high-demand rental area
- No set office hours flexibility and autonomy
- Strong income from 11 units in letting units plus in excess of $108,000 in caretaking agreement salary
- Consistent occupancy and low vacancy rates
- Excellent Body Corporate relationship
- 2br Comfortable managers unit included
- Office on Title attached to Residence
- 5 minutes from CBD
- Tropical Climate, Laid back Lifestyle and strong local Economy
- 17 Years left on agreement, so can be bank financed
Net Profit: $106,000
Asking Price: $895,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this business opportunity contact:
Management Rights Broker
Antonio Curulli
Property Code: 1039
Property History for Lot 20 Mccoombe St, Bungalow, QLD 4870
- 10 Feb 2026Listed for Sale $895,000
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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 1,983 properties. Over the last 5 years, Houses in Bungalow have seen a 76.63% increase in median value, while Units have seen a 113.36% increase. As at 30 April 2026:
- The median value for Houses in Bungalow is $638,404 while the median value for Units is $434,060.
- Houses have a median rent of $590 while Units have a median rent of $440.
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