$430,000
36 Hannam Street, Bungalow QLD 4870
- Land area 674 sqm
- Can I afford this property?
Where You Can Live and Work, and Reap Rewards!
Outstanding opportunity to secure a high profile property on a 674m2, allotment previously zoned as commercial use (and possibly can be again). Take full advantage of this combination of highly secure home and workplace with an impressive 8ft feature fence with auto entry gate. Build an even bigger shed than the existing and run your business from home. Live in the house that has stood the test of time yourself or make available to employees and maximise your capital investment and wage return. Remember your Self Managed Super Fund can buy commercial premises and lease it back to your business but get some expert financial advice on this. With median prices in Bungalow back above pre GFC levels and scope to improve, not to mention the many projects on the Cairns construction horizon that will kick start the local economy this is a property worthy of more consideration. The house alone is currently rented at $400 per week. Neighbouring properties have asking prices up to $900,000 so there is much more than just good value here. What this property has to offer the market is:- â? High profile weekly yet quiet weekend location â? Two good sized bedrooms, large living areas â? Concrete driveway, ample side and rear access â? Fully fenced with a secure 8 foot stainless steel fence â? Electric gate entry â? Rear shed; and approx. 674m2. â? Extra quiet neighbourhood on the weekends. Call to inspect today as there is opportunity here to put your work, rest and play all in the one, safe, secure and easy to find location.
- Property type: House