37 Lily St, Innisfail is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1012m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Looking for a great investment opportunity? Look no further than this duplex property located in the heart of Innisfail, Queensland. With two bedrooms, one bathroom, and undercover parking for a small vehicle, this property is a fantastic option for anyone looking to add to their investment portfolio.
Although the property needs some maintenance work to bring the rent up to $290 per week, once the updates are complete, you'll be able to generate a healthy return on your investment. With its prime location (Business Frame) and potential for rental income, this property is an excellent opportunity for investors looking to make a smart investment in the growing Innisfail property market.
Don't miss out on this fantastic investment opportunity.
Currently returning $220p/w per side with a gross rental yield of 8.47%
Contact George Viellaris or Chris Barra on 0740616700 today to learn more about this duplex property and to schedule a viewing.
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 891 properties. Over the last 5 years, Houses in Innisfail have seen a 69.53% increase in median value, while Units have seen a 38.98% increase. As at 31 July 2024:
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