196 Greenslopes Street, Edge Hill, QLD 4870 | Semi-Detached for sale | OnTheHouse
 
FOR SALE
Offers over $1,150,000

196 Greenslopes Street
Edge Hill QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 769m2
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High-Yield Edge Hill Versatility: Dual Income, Flexible Zoning + Bonus Land & Huge Powered Shed

Secure a blue-chip 769m² duplex landholding in Cairns' top lifestyle pocket-complete with secure $1,210/wk income stream, an extensive backyard and a massive powered workshop/double-bay garage.
Superbly positioned at 196 Greenslopes Street, Edge Hill this exceptional full duplex represents an elite real estate acquisition on a single title with zero body corporate fees. Offering total spatial independence with separate driveways, independent entry points and completely segregated yards, there is absolutely no shared common property or common land between the units. Meticulously configured to cater equally to smart investors, forward-thinking developers, lifestyle-driven buyers and tradespeople, this rare asset delivers a level of space and structural versatility that is virtually impossible to find in standard duplex living.
For the Investor & Developer: Lock in immediate financial security with rock-solid, long-term tenancies extending well into 2027. This high-performing asset delivers a secure dual-income stream scaling to a massive $1,210 per week. Positioned within a highly desirable Flexible Medium Density Zoning pocket, the underlying land value of this 769m² footprint is heavily protected. The extensive yard space behind Unit 1 and the established powered workshop offer an exceptional canvas to explore future structural value-add reconfigurations (STCA).
For the Owner-Occupier, Tradie & Vehicle Lover: Enjoy the internal space, secure storage and outdoor freedom typically only found with a traditional house, combined with the low-maintenance footprint of a duplex.
Unit 1 features a welcoming entry foyer that opens into a spacious, seamless open-plan living, dining, and kitchen area alongside two oversized bedrooms. The kitchen opens directly onto a massive 21m² covered rear timber deck. This outdoor living area features an integrated laundry zone with built-in cupboards. The deck overlooks your own expansive, exclusive-use backyard of approx. 300m²-offering a rare cleared canvas for future extensions or property additions Subject to Council Approval (STCA). A standout addition is the standalone, double-bay powered workshop/garage, providing the perfect secure setup for multiple vehicles, hobby gear, camper trailers or a dedicated tradesperson's workspace.
Unit 2 Features: An equally impressive, modern open-plan layout featuring a beautifully renovated kitchen, a bright combined living and dining area, two light-filled bedrooms, and a central main bathroom with a separate toilet. Step outside to its own completely private, fully undercover rear patio area and integrated laundry setup-perfect for effortless, low-maintenance living.
Positioned footsteps from the vibrant Edge Hill Village cafés, elite schools, and the iconic Botanic Gardens, this property offers the perfect opportunity to live in one residence while generating a steady rental income from the other.
The Figures & Cash Flow Breakdown:
Unit 1: Securely leased at $630.00 per week until June 2027.
Unit 2: Leased at $550.00 per week, increasing to $580.00 per week on 24 July 2026 through to October 2027.
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Property Details for 196 Greenslopes St, Edge Hill

196 Greenslopes St, Edge Hill is a 4 bedroom, 2 bathroom Semi-Detached with 4 parking spaces. The property has a land size of 769m2. The place is currently for sale with Ray White Cairns Beaches.

Building Type
Semi-Detached
Land Size
769m2
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About Edge Hill 4870

The size of Edge Hill is approximately 2.6 square kilometres. There are 9 parks, covering nearly 25.1% of the total area. The population of Edge Hill in 2016 was 3916 people. By 2021 the population was 4088 showing a population growth of 4.4% in the area during that time. The predominant age group in Edge Hill is 50-59 years. Households in Edge Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edge Hill work in a professional occupation.In 2021, 61.90% of the homes in Edge Hill were owner-occupied compared with 57.60% in 2016.

Edge Hill has 2,125 properties. Over the last 5 years, Houses in Edge Hill have seen a 71.46% increase in median value, while Units have seen a 103.58% increase. As at 30 June 2026:

  • The median value for Houses in Edge Hill is $958,653 while the median value for Units is $484,343.
  • Houses have a median rent of $720 while Units have a median rent of $470.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Edge hill on OnTheHouse. According to Cotality's data, 97 properties were sold in the past 12 months in Edge hill.

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Ray Murphy
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Ben Keene
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Ray White Cairns Beaches
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