8/12-14 Winkworth Street, Bungalow QLD 4870

2-bed unit in quiet 8-unit complex | 86m² internal area | modern finishes throughout | minutes to Cairns CBD This unit presents a competitively strong offering for a buyer seeking a low-maintenance, modern residence close to the Cairns CBD. Its well-appointed interior with induction cooking and full air-conditioning is a complete package for an owner-occupier or a tenant, positioned within a tightly-held, quiet complex. This property serves best as a convenient lifestyle purchase for a professional or a downsizer, where the functional layout and quality finishes reduce immediate capital needs. The primary decision hinges on strata governance and the discrepancy in reported complex lot size, which impacts future levy calculations and capital growth. The commercial logic is securing a turn-key property in a convenient location, but you must scrutinise the strata records for sinking fund health. Proceed with an offer conditional on a satisfactory strata report, as this unit is suited for a long-term hold with stable, if unspectacular, growth tied to CBD proximity. A comparable sale in the same complex provides a direct value benchmark: • Unit 9/12-14 Winkworth St: 2 bed, 1 bath, 2 parking. Sold $350,000 in May 2025. This recent sale, a near-identical unit with an extra car space, establishes a clear price ceiling. It suggests the subject property’s marketed price requires justification based on its specific condition and position within the complex.