196 Greenslopes Street
Edge Hill, QLD 4870

Secure a prestigious 769 square meter duplex landholding located in one of Cairns' most sought-after lifestyle areas. This property offers a secure income stream of $1,210 per week, an expansive backyard, and a large powered workshop with a double-bay garage, making it a versatile and valuable investment.

Situated at 196 Greenslopes Street, Edge Hill, this full duplex is a unique real estate opportunity presented on a single title with no body corporate fees. The property provides complete spatial independence with separate driveways, individual entry points, and fully segregated yards, ensuring no shared common property or land between the two units. This configuration is ideal for investors, developers, owner-occupiers, and tradespeople seeking flexibility and space beyond typical duplex living.

For investors and developers, the property offers immediate financial security with long-term tenancies secured until well into 2027. The dual-income stream totals $1,210 per week, supported by a highly desirable Flexible Medium Density Zoning that protects the underlying land value of the 769 square meter footprint. The large yard behind Unit 1 and the powered workshop provide an excellent foundation for potential future development or enhancements, subject to council approval.

Owner-occupiers, tradespeople, and vehicle enthusiasts will appreciate the spacious interiors, secure storage options, and outdoor freedom typically associated with a traditional house, combined with the low-maintenance benefits of duplex living.

Unit 1 features a welcoming entry foyer leading into a spacious open-plan living, dining, and kitchen area, complemented by two generously sized bedrooms. The kitchen opens onto a substantial 21 square meter covered timber deck at the rear, which includes an integrated laundry area with built-in cupboards. This deck overlooks an exclusive-use backyard of approximately 300 square meters, offering a rare cleared space for potential extensions or additions, subject to council approval. A notable feature is the standalone double-bay powered workshop/garage, providing secure accommodation for multiple vehicles, hobby equipment, camper trailers, or a dedicated workspace for tradespeople.

Unit 2 boasts a modern open-plan layout with a beautifully renovated kitchen, a bright combined living and dining area, two light-filled bedrooms, and a central main bathroom with a separate toilet. It also includes a private, fully covered rear patio and an integrated laundry setup, designed for easy, low-maintenance living.

Located just steps from the vibrant Edge Hill Village cafes, prestigious schools, and the iconic Botanic Gardens, this property presents an excellent opportunity to reside in one unit while generating a steady rental income from the other.

Financial details include Unit 1 leased at $630 per week until June 2027, and Unit 2 leased at $550 per week, increasing to $580 per week from July 24, 2026, through to October 2027. The total rental return is $1,210 per week starting July 2026. Council rates are approximately $3,449.01 per half year, and there are no body corporate fees due to the single title arrangement.

This property combines investment potential, lifestyle benefits, and development opportunities in a prime Cairns location.