COMMERCIAL BUILDING
AUCTION DATE: 5TH MARCH, IMPERIAL TAVERN, INNISFAIL AT 10.30 AM.
Rankin Street, Innisfail, ground level has tenant on 3x3 year lease plus upstairs is available for residential letting. Not often do these properties come onto the market so here's a great opportunity.
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 884 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:
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