$236,000

2 Bed  •  1 Bath  •  1 Car  •  58m²

Main view of Homely unit listing, 1/126-128 Greenslopes Street, Edge Hill QLD 4870
Floorplan of Homely unit listing, 1/126-128 Greenslopes Street, Edge Hill QLD 4870
Second view of Homely unit listing, 1/126-128 Greenslopes Street, Edge Hill QLD 4870
+19

Sold

1/126-128 Greenslopes Street, Edge Hill QLD 4870

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$236,000

  • 2
  • 1
  • 1
  • 58m²

Unit Sold on Tue 19 Dec, 2023

What's around Greenslopes Street

Unit description

“Incredible Investment or Home in a Blue Chip Location”

**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 features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

toilets

Toilets: 1

Other features

Block Construction, Close to Schools, Close to Shops, Close to Transport, Ground Floor

Council rates

$2098 Yearly

Land details

Area: 58m²

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Interactive media & resources

Third view of Homely unit listing, 1/126-128 Greenslopes Street, Edge Hill QLD 4870View more
Fourth view of Homely unit listing, 1/126-128 Greenslopes Street, Edge Hill QLD 4870View more

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1/126-128 Greenslopes Street, Edge Hill QLD 4870
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