1/126-128 Greenslopes StreetEdge Hill QLD 4870
Property Details for 1/126-128 Greenslopes St, Edge Hill
1/126-128 Greenslopes St, Edge Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 58m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Edge Hill in the last 12 months.
Last Listing description (December 2023)
**Contract Crashed on Cooling Off. 2nd chance opportunity is now!**
Homebuyers - Why Rent? This is your chance to move to the Edge Hill Hub on a shoe string budget!
Investors - Location, Location. This is an excellent opportunity that you won't want to miss with potential after expenses returns exceeding 6.5% NET!
Unit 1 at "Edge Hill Apartments" is a small complex of 8 single level units within easy walking distance to all amenities and in fact one of the trendiest culture strips on offer in Cairns.
A very easy to maintain home or alternatively a simplistic renovation project where you will be rewarded with one of the most sought after lifestyle locations in the region.
Enjoy a social celebration at NOA, GUERILLA or OZMOSIS without the concerns of restaurant parking or calling an UBER. Simply put your lifestyle needs are here, waiting with open arms. Your value for money and proximity gem has arrived.
-Single level end position for convenience
-Low body corporate fees
-Edge Hill and State School catchment (420m walk away)
-Cairns State High School catchment (3km bike ride away)
-Botanical Gardens (900m walk away)
-Red Arrow walking track (1 km jog away)
-Leafy family park and community gardens (100m stroll up the road)
-4km drive into Cairns City
Facts and Figures:-
Complex of 8
Lot Size: 58sqm
Body Corp Fees: $3,265 per annum
Sinking Fund: $37,767 credit
Council Rates: $2,098 per annum
Rental Potential: $380-$420 per week
ROI: 6.56% NET on $235k @ $400/week
A Blue Chip location on a shoestring budget. A must see!
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Property History for 1/126-128 Greenslopes St, Edge Hill, QLD 4870
- 04 Dec 2023Sold for $236,000
- 20 Nov 2023Listed for Sale Not Disclosed
- 21 Jul 2021Listed for Rent $295 / week
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0About Edge Hill 4870
The size of Edge Hill is approximately 2.6 square kilometres. It has 9 parks covering nearly 25.1% of total area. The population of Edge Hill in 2011 was 3,873 people. By 2016 the population was 3,924 showing a population growth of 1.3% in the area during that time. The predominant age group in Edge Hill is 40-49 years. Households in Edge Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edge Hill work in a professional occupation. In 2011, 58.8% of the homes in Edge Hill were owner-occupied compared with 57.6% in 2016.
Edge Hill has 2,104 properties. Over the last 5 years, Houses in Edge Hill have seen a 49.26% increase in median value, while Units have seen a 66.88% increase. As at 31 October 2024:
- The median value for Houses in Edge Hill is $730,992 while the median value for Units is $382,905.
- Houses have a median rent of $585 while Units have a median rent of $425.
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