4/126-128 Greenslopes Street, Edge Hill, Qld 4870

Offers over $350,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, September 16, 2026 ( See property details for 4/126-128 Greenslopes Street, Edge Hill, Qld 4870)

Offers over $350,000

Leveaux Gartner Residential Home & Unit Sales Specialist
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, low-maintenance two-bedroom unit in the highly desirable Edge Hill suburb, offering stable tenancy and future growth potential.

🏡 Property Highlights

  • Long-term tenant in place for 19 years, providing stable income.
  • Prime location in sought-after Edge Hill, close to cafes, parks, and the CBD.
  • Low-maintenance, open-plan living with modern amenities.
  • Potential to increase rental income to $390-$440 per week.
  • Small complex of just eight units, offering privacy and community feel.
  • Includes a patio and carport for outdoor living and parking convenience.

✨ Key Features

  • Open-Plan Living
  • Ceiling Fans
  • Security Screens
  • Patio
  • Carport
  • Built-in Robes
  • Low-Maintenance Yard
  • Pet-Friendly
  • Fully Fenced
  • Water Tank

Edge Hill is a highly sought-after suburb in Cairns, renowned for its vibrant village atmosphere, proximity to natural attractions like the Botanic Gardens and Centenary Lakes, and excellent amenities including cafes, restaurants, and shopping. The area offers a relaxed lifestyle with easy access to the CBD, making it ideal for both residents and investors seeking consistent demand and growth potential. Its community-oriented environment and scenic surroundings contribute to its enduring popularity.

What is the current rental income and potential for growth?
The current rental income is $350 per week, with a rental appraisal of $390-$440 per week, indicating potential for increased returns.
What amenities are nearby?
The property is within walking distance to Edge Hill Village cafes, restaurants, Cairns Botanic Gardens, and Centenary Lakes, with shopping options at Piccones Village and Pease Street just five minutes away.
Is the property suitable for investment purposes?
Yes, with a long-term tenant in place for 19 years and scope to increase rental income, this unit offers a stable and promising investment opportunity.
What maintenance or upgrades are needed?
The property features low-maintenance living with modern amenities; specific upgrades or repairs should be assessed through a property inspection.
Are there any restrictions or fees associated with the complex?
The body corporate fees are approximately $5,201 per year, covering maintenance and shared amenities.
Are there any upcoming planned developments or zoning changes in the area that could affect property value? Are there any easements, covenants, or restrictions on the property that could impact future renovations? Has the property been inspected for structural issues or pests? Are there any outstanding body corporate fees or special levies? Is the property located in a flood or bushfire-prone zone? Are there any planned construction projects nearby that could cause noise or disruption? What are the terms of the current lease, and are there any conditions that could change? Are there any restrictions on pet ownership within the complex? Is the water tank compliant with current regulations? Are there any shared facilities or amenities that require additional costs or maintenance?

4/126-128 Greenslopes Street, Edge Hill, Qld 4870 - More Details

Offers over $350,000

What You See:
Positioned in one of Cairns' most sought-after suburbs, Unit 4 at Edge Hill Apartments offers easy, low-maintenance living in a small complex of just eight.
This two-bedroom, one-bathroom unit features open-plan living, ceiling fans, security, a patio and carport, providing a practical layout for comfortable everyday living.

Currently tenanted at $350 per week, with the tenant having been in place for 19 years. The current lease expires in October 2026, with a rental appraisal of $390-$440 per week.

What We See:
A solid investment opportunity in a highly desirable Edge Hill location, with scope to increase the rental return and the added appeal of a long-term tenant already in place.

With Edge Hill Village, cafes, restaurants, the Botanic Gardens and Centenary Lakes all within easy reach, this is a low-maintenance opportunity in a location where properties are always in demand.

Everything Else:
• Two-bedroom, one-bathroom unit in a complex of just eight.
• Open-plan living with ceiling fans and security screens.
• Patio and carport.
• Low-maintenance investment opportunity.

Location Highlights:
• Edge Hill Village - cafes, dining & essentials within easy walking distance.
• Cairns Botanic Gardens - within walking distance.
• Centenary Lakes Park - within walking distance.
• Piccones Shopping Village, Pease Street - approx. 5 mins away.
• Cairns CBD & Esplanade - approx. 10 mins away.

| Body Corporate Fees: Approx. $5,201 / year |
| Current Rental: $350 / week |
| Rental Appraisal: $390-$440 / week |
| Lease Expiry: October 2026 |

Disclaimer:
The material and information contained in this marketing are for general information purposes only. Professionals does not accept responsibility and disclaims all liability for any errors or inaccuracies contained herein. Interested parties should rely on their own enquiries.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
House Size
62 m²

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