23 Flying Fish Point RoadInnisfail Estate QLD 4860
Property Details for 23 Flying Fish Point Rd, Innisfail Estate
Last Listing description (May 2022)
The Phone Code for this property is: 72874. Please quote this number when phoning or texting.
Freehold Motel/Hostel located between Cairns and Mission Beach, in the thriving farming town of Innisfail, Tropical North Queensland. Surrounded by world heritage wonder this 25 room motel offers lifestyle and 20% returns.
Currently run by a small team of awesome staff, this profitable motel has the best guest reviews in town. A retired couple could run the whole place and enjoy a tax deductible lifestyle.
Covid-19 has been the best thing that has happened to this business. Not dependent on the tourist trade our guests are made up of contractors, workers, local long-termers and travellers.
Cafe is currently closed and is being used for storage.
Owner is selling following family tragedy and just wants to be free. Will consider all reasonable offers.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 23 Flying Fish Point Rd, Innisfail Estate, QLD 4860
- 04 Apr 2022Sold for $900,000
- 02 Sep 2021Listed for Sale $975,000
- 15 Oct 2018Listed for Sale $1,100,000
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0About Innisfail Estate 4860
The size of Innisfail Estate is approximately 4 square kilometres. The population of Innisfail Estate in 2011 was 1,376 people. By 2016 the population was 1,329 showing a population decline of 3.4% in the area during that time. The predominant age group in Innisfail Estate is 0-9 years. Households in Innisfail Estate are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Innisfail Estate work in a labourer occupation. In 2011, 52.3% of the homes in Innisfail Estate were owner-occupied compared with 50.9% in 2016.
Innisfail Estate has 710 properties. Over the last 5 years, Houses in Innisfail Estate have seen a 56.66% increase in median value, while Units have seen a 26.91% increase. As at 31 July 2024:
- The median value for Houses in Innisfail Estate is $317,607 while the median value for Units is $276,455.
- Houses have a median rent of $390 while Units have a median rent of $318.
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