OFF MARKET

74 Rankin Street
Innisfail QLD 4860

Bedrooms: -
Bathrooms: 6
Car spaces: 4
Land area: 1012m2
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Property Details for 74 Rankin St, Innisfail

Building Type
Commercial
Land Size
1012m2
Local Government
Cassowary Coast Regional
Lot/Plan
603/I2811

Last Listing description (October 2024)

Phone enquiries - please quote property ID 34200.

Ground floor (bar area, excluding the retail area): $950 per week, approx. 420sqm
First floor & second floor (hotel area): $850 + $350 per week, approx. 650sqm

Retail area (ground floor): $350 per week, approx. 45sqm

Lease term: 5*5 or 4*4, negotiable

Rent and lease terms are negotiable. You may rent part of it or the entire building. Preferably be contacted via email

COMMERCIAL KITCHEN WITH COOL ROOM
100-PERSON DINING CAPACITY
LOCATED IN THE HEART OF INNISFAIL
EXISTING FURNITURE, TABLEWARE, AND BED LININGS
2 STOREYS OF ACCOMMODATION ROOMS
AREA: APPROX. 1012 m

Introducing an envied address for running a restaurant/hotel business in Innisfail 74-78 Rankin Street, a prime location right at the heart of Innisfail. Some key features include:

100-person dining capacity
Commercial kitchen & cool room
Existing furniture, tableware, and bed linings
Enormous 3-story building plus basement. You may rent part of it or the entire building.
Convenient location: 1 min walk from the library, 2 min walk from the shopping centre, 3 min walk from Coles, 4 min walk from Woolworths, and 5 min walk from the hospital.
Multi-income stream: bar, accommodation, restaurant, and events
Spacious car park behind the building

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 74 Rankin St, Innisfail, QLD 4860

A timeline of how this property has performed in the market
Last Sold
$500,000
20 Mar 2023
Listed for Rent
$1.79k/w
16 Oct 2024
  • 02 Jul 2024
    Listed for Rent - Price not available
  • 20 Mar 2023
    Sold for $500,000
  • 10 Jul 2022
    Listed for Sale SOLD! Another Wanted
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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 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:

  • 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 15 properties listed for rent in Innisfail on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Innisfail.

Suburb Insights for Innisfail 4860

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.