FOR SALE
$2,250,000

64 Edith Street
Innisfail QLD 4860

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 800m2
Land area: 1011m2
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PRIME CBD INVESTMENT

Welcome to the heart of our vibrant town of Innisfail, where opportunity meets prime location! Are you seeking a savvy investment in the bustling commercial sector? Look no further than our dual-tenancy commercial premises!
Nestled in the dynamic center of town, our property boasts not just one, but two attractive tenants - the Commonwealth Bank of Australia and the Commonwealth of Australia- Member of Parliament, both tenants have been in the same location for many years, offering versatility and potential for lucrative returns.
Picture this: your investment is strategically positioned amidst the pulse of the community, attracting foot traffic and attention from every corner.
Whether you're an experienced investor or a newcomer seeking a promising venture, our dual-tenancy commercial premises offer the ideal blend of security and growth potential with the current leases in place.
Don't let this opportunity slip away. Seize the chance to become a cornerstone of success in our vibrant town's commercial landscape. Reach out today, and let's make your investment dreams a reality.
Total income is approximately $180,000 excluding GST.
For more information contact John Strano today!!

Property Details for 64 Edith St, Innisfail

Building Type
Commercial
Floor Size
800m2
Land Size
1011m2

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About Innisfail 4860

The size of Innisfail is approximately 2.1 square kilometres. It has 13 parks covering nearly 21.8% of total area. The population of Innisfail in 2011 was 1,075 people. By 2016 the population was 1,137 showing a population growth of 5.8% in the area during that time. The predominant age group in Innisfail is 20-29 years. Households in Innisfail are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Innisfail work in a labourer occupation. In 2011, 35.4% of the homes in Innisfail were owner-occupied compared with 32% in 2016.

Innisfail has 886 properties. Over the last 5 years, Houses in Innisfail have seen a 81.65% increase in median value, while Units have seen a 58.14% increase. As at 31 October 2024:

  • The median value for Houses in Innisfail is $286,061 while the median value for Units is $314,516.
  • Houses have a median rent of $325 while Units have a median rent of $285.
There are currently 34 properties listed for sale, and 17 properties listed for rent in Innisfail on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Innisfail.

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John Strano
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CAMPBELL REAL ESTATE NQ
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