49 Mary St, East Innisfail is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1945. The property has a land size of 1004m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom House sold in East Innisfail in the last 12 months.
POSITION AND POTENTIAL
This home originally started its life as a duplex, but has seen some transformation since those days. It transitioned to a family home consisting of 3 bedrooms and two bathrooms ( one needs a reno) and is connected by a large covered utility space. In recent years it has been a solid rental with a long term tenant who is now just vacating.
Sitting on an excellent 1004 sqm block with 3street frontages it just oozes potential. It could be returned to a duplex, continue to be solidly rented as is, or become a family home once again. As a single dwelling you would imagine that a second dwelling could be placed at the rear of the block (STCA).
The home itself has a large renovated kitchen with a good sized walk in pantry. The living room is a good size and also houses the dining area. Through the utility room and we find three good size bedrooms and the main bathroom.
All in all, it is a good solid home that has stood the test of time and will probably see another half century without any problems. It certainly has potential to maximise returns and at this price is looking somewhere around a 5% return as is.
$219 000
Contact Michael Skuse
The size of East Innisfail is approximately 1.4 square kilometres. It has 4 parks covering nearly 8.6% of total area. The population of East Innisfail in 2011 was 1,827 people. By 2016 the population was 1,841 showing a population growth of 0.8% in the area during that time. The predominant age group in East Innisfail is 10-19 years. Households in East Innisfail are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Innisfail work in a labourer occupation. In 2011, 57.6% of the homes in East Innisfail were owner-occupied compared with 56.5% in 2016.
East Innisfail has 909 properties.
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