OFF MARKET

1/3 Mcpherson Close
Edge Hill QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 43m2
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Property Details for 1/3 Mcpherson Cl, Edge Hill

1/3 Mcpherson Cl, Edge Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 43m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1983
Floor Size
43m2
Land Size
43m2
Local Government
Cairns Regional
Lot/Plan
1/BUP70290

Last Listing description (August 2023)

This modern, attractive, ground floor apartment offers quiet, green, botanic living in Cairns' most premier city suburb, Edge Hill.

Located at the end of a cul-de-sac with direct walking access to the heart of the coffee cultural precinct, Collins Avenue.

Prime complex location, at the very back next to the Botanic Gardens. Cute front porch with potting garden, a place where you can sit back, relax, and enjoy the nature over a cup of tea and your favourite book.

This apartment has been renovated tastefully to modern presentations; streamline seamless kitchen with clever breakfast bench and stainless-steel appliances. King sized bedroom with built in wardrobes. Bathroom with easy access shower and integrated laundry. Other features include split system air conditioners, fans, security screens and tiled flooring.

The complex is small and intimate consisting of only 8 units.

Very low Body Corporate fees of only $2,200 per annum make this property an affordable home to occupy, or a solid investment with an ROI of 7.6% per annum.

Be quick to secure this modern botanic haven.

Current Fixed Tenancy Agreement at $350 per week to 10.6.2023.

Body Corporate Fees $2,200 per annum approx
Council Rates $2,600 per annum approx
Rental Return 7.6% per annum approx

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.

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Property History for 1/3 Mcpherson Cl, Edge Hill, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$239,000
11 Apr 2023
Listed for Rent
$330/w
12 Dec 2020
  • 11 Apr 2023
    Sold for $239,000
  • 08 Mar 2023
    Listed for Sale Under Contract
  • 02 Dec 2020
    Listed for Rent $330 / week
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About 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 2,113 properties. Over the last 5 years, Houses in Edge Hill have seen a 51.40% increase in median value, while Units have seen a 82.71% increase. As at 30 November 2024:

  • The median value for Houses in Edge Hill is $747,625 while the median value for Units is $406,325.
  • Houses have a median rent of $605 while Units have a median rent of $423.
There are currently 20 properties listed for sale, and 10 properties listed for rent in Edge hill on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Edge hill.

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