OFF MARKET

1711/2-10 Greenslopes Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 98m2
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Property Details for 1711/2-10 Greenslopes St, Cairns North

1711/2-10 Greenslopes St, Cairns North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 98m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2004
Floor Size
77m2
Land Size
98m2
Local Government
Cairns Regional
Lot/Plan
1711/SP175706

Last Listing description (November 2023)

This luxury 1 bedroom apartment is nestled within a resort-style complex in the highly sought after suburb of Cairns North. Boasting a secure lease with Defence Housing Australia (DHA) until 20 November 2024, with an additional 3 year option, this is an exclusive investment opportunity you won't want to miss.

PROPERTY HIGHLIGHTS:
Elegant Design: This level 1 apartment features a spacious dining and living area complemented by a beautifully appointed kitchen, seamlessly extending to a generously sized tiled outdoor entertaining balcony.

Spacious Master Suite: Enjoy a lavish master bedroom and luxurious bathroom, complete with laundry facilities and the added bonus of a separate home office or second bedroom.
Modern Amenities: The kitchen boasts modern stainless steel appliances and sleek granite benchtops, setting the stage for culinary delights.
Comfort All Year Round: Stay comfortable with ceiling fans and air conditioning.
Secure Parking: Benefit from secure basement parking.
Resort-Style Amenities: Dive into the extensive resort facilities, including not one but four swimming pools.
Prime Location: You'll appreciate the property's proximity to transport options, parks, and the stunning Cairns Esplanade.
Excellent Returns: This investment offers an outstanding gross rental return and is attractively priced for savvy investors.

DHA LEASE SUMMARY:
Lease edition: Edition 6
Lease end date: 20/11/2024
Rent for 2023: $410 per week
Lease option: 3 years
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (Note the lease option and right to vary is at DHA's discretion)

DHA LEASE BENEFITS:
Guaranteed Rental Income: DHA guarantee to pay the rent 52 weeks per year even if the property is vacant.
Regular Rent Reviews: Rent is paid a month in advance and is reviewed in December every year by an independent registered valuer.
Property Care Service: Enjoy peace of mind with DHA Property Care, an all-inclusive service fee, covers a range of property related services.
End-of-Tenancy Cleaning: The property is cleaned at the end of each tenancy period.
Lease-End Make-Good: The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)

Visit www.dha.gov.au to learn about the benefits of investing in DHA property.

In accordance with DHA regulations we advise that this property will be available for private inspection and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only. Place Projects accept no liability for any errors or omissions in information supplied by third parties.

To receive a copy of the Information Memorandum, or to arrange a private inspection, contact your DHA specialist agent at Place Projects, Dean Dederer on 0429 433 018 or deandederer@eplace.com.au
Don't miss your chance to seize this golden investment opportunity !

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Property History for 1711/2-10 Greenslopes St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$285,000
27 Oct 2023
Listed for Rent
$355/w
16 Aug 2016
  • 27 Oct 2023
    Sold for $285,000
  • 18 Aug 2023
    Listed for Sale UNDER OFFER
  • 15 Dec 2021
    Sold for $235,000
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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.

Cairns North has 3,952 properties. Over the last 5 years, Houses in Cairns North have seen a 36.51% increase in median value, while Units have seen a 62.05% increase. As at 31 October 2024:

  • The median value for Houses in Cairns North is $644,909 while the median value for Units is $392,455.
  • Houses have a median rent of $575 while Units have a median rent of $470.
There are currently 36 properties listed for sale, and 48 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Cairns north.

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