18/35 Greenslopes Street Cairns North QLD 4870
18/35 Greenslopes Street Cairns North QLD 4870
Top floor unit|2 bed 101m² lot|Built 1997|Last sold 2021|Freshly listed 3 days. This two-bedroom unit on a 101sqm lot suits downsizers or first buyers seeking low-maintenance living near lakeside walks. Positioned privately at the complex’s top, it delivers practical space with a generous floorplan and balcony access, ideal for relaxed tropical living without yard upkeep. In a well-maintained street-side block under residential zoning, it blends seamlessly among similar units, offering quiet elevation over peers on lower levels. Buyers drawn here typically include investors eyeing steady rental demand or couples prioritizing convenience to Edge Hill amenities and esplanade paths. Comparable two-bedroom units in the locale have turned over briskly, with recent sales reflecting solid holding value amid stable local turnover. Its 1997 build and move-in readiness minimise immediate costs, enhancing appeal for long-term residents or portfolio additions. Market signals point to consistent performance for top-floor options like this, given proximity to walking tracks that underpin lifestyle retention. While land size limits expansion, the strata setup ensures enduring affordability in a market favouring compact, positioned assets. Over time, its locational edge near greenspaces should sustain interest as Cairns’ inner options tighten.
Detailed Independent Property Report prepared by PropCred Analyst team for 18/35 Greenslopes Street Cairns North QLD 4870
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Cairns North demand stays firm as investors chasing high rental yields and lifestyle buyers target its CBD-adjacent affordability, supported by ongoing interstate migration and a rental market still under severe pressure.
Buyers like that units deliver quicker turnover and mid-5 to high-6 percent yields, while still undercutting most other coastal markets on entry price yet offering central Cairns convenience.
Risks remain scarce new supplyespecially landand any shift to rising rates, yet that same tightness boosts upside for well-positioned assets; prices have still edged upward over the last two quarters, with units leading while houses stay steady to modestly higher, so the six-month trend is positive.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
101m²
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