FOR SALE
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65-67 Rankin Street
Innisfail QLD 4860

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Land area: 1370m2
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Accommodation House in Centre of Town

Colliers Cairns presents this 1,370m2* double storey heritage-style Queenslander located at 65-67 Rankin Street, Innisfail, for sale with offers over $790,000.
Centrally located within the township, the property is operated as a backpacker lodge. The tenant has a 5 year lease with 4 x 5 year options.
Features include:
-1,370m2* freehold property
-3 multiple level buildings with amazing views
-37 rooms with 102 beds
-Front reception / office area
-All rooms are air-conditioned
-River views from expansive timber verandah
-Pool and BBQ area
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Property Details for 65-67 Rankin St, Innisfail

Building Type
Commercial
Land Size
1370m2

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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 885 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 16 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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Patsy Bucknor
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Colliers International (Cairns)
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