815/2-10 Greenslopes Street Cairns North QLD 4870

2 bed unit on 122m² lot |Matches strong comps at $480k-$550k |Rental yield ~$800pw |Secure complex positioning|This two-bedroom unit on a 122sqm lot in a secure complex suits downsizers or investors seeking low-maintenance tropical living with dedicated parking. Its generous lot size relative to similar units in the building offers practical space for indoor-outdoor use, setting it apart from smaller 100m² peers that trade at lower estimates around $400k. Positioned within the established 2-10 Greenslopes Street development, it benefits from shared amenities like secure parking without the upkeep of standalone homes. Buyers drawn to these typically include retirees or FIFO workers valuing the single-level layout and proximity to Cairns North conveniences, rather than families needing more space. Comparable two-bedroom units here have sold briskly, like one at $485k after 29 days on market late last year, indicating steady demand in this pocket. Larger three-bedroom options in the same complex command $700k plus, underscoring this property’s value in the entry-level segment. Rental estimates of $720-$885 weekly reflect reliable income potential amid Cairns’ tourism-driven market. Long-term, its mid-sized lot and complex security support holding value as urban density rises, appealing to those prioritising stability over rapid flips. Market signals point to measured appreciation for well-sized units like this one.