Property Details for 17/80-86 River Ave, Mighell
17/80-86 River Ave, Mighell is a 2 bedroom, 1 bathroom House with 1 parking spaces.This Property is currently listed for sale with Twomey Schriber Property Group
Last Listing description (December 2024)
ALL 2 BEDROOM UNITS UNDER CONTRACT!
Welcome to Innisfail's newest residential development 'The Avenue' located at 80 River Avenue, Mighell. The Avenue is an exciting and modern unit complex consisting of 22 two- and three-bedroom units.
Please enquire to receive more information and all unit floor plans.
- Thoughtfully designed, each unit has either a private balcony or spacious courtyard
- Fully secure complex with remote undercover car parking and gated entry
- High 2.6m and 2.7m ceilings
- Quality finishes have been used throughout
- Fiber to the Premises (FTTP)
- Ground and first floor unit options for easy access
- Common BBQ entertaining area
- 13 units have a storage cage
- First home buyers can benefit from the $30,000 First Homeowners Grant
- Ideal for owner occupiers who like to potter in the garden and have a small pet
- A secure property for investors with strong rental returns of 8.3% gross pa approx plus the benefits of property depreciation
- Furniture packages available
The Avenue is a development by local family "The Catalano Group" who have partnered with one of Innisfail's most leading and trusted building companies "Allan Sultana Constructions". Established in 2001, Allan Sultana has been working in the local area for over 47 years.
Rental Appraisal for 2 bedroom 1 bathroom 1 car: $450-$500 per week approx.
Council Rates: $4,000 per annum approx.
Expected completion date January 2025.
Innisfail is situated just 1 hours' drive south of Cairns. This regional town has a population of approx. 7000, and is known for its agricultural industries, predominantly banana and sugar cane. The town centre is situated at the junction of the Johnstone River and South Johnstone River, and approx. 5km from the coast. Innisfail is considered one of the best Australian towns for art deco and streamline modern architecture.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Property History for 17/80-86 River Ave, Mighell, QLD 4860
- 20 Dec 2023Listed for Sale Under Contract
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0About Mighell 4860
The size of Mighell is approximately 4.3 square kilometres. It has 3 parks covering nearly 2.3% of total area. The population of Mighell in 2011 was 384 people. By 2016 the population was 374 showing a population decline of 2.6% in the area during that time. The predominant age group in Mighell is 50-59 years. Households in Mighell are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Mighell work in a labourer occupation. In 2011, 48.8% of the homes in Mighell were owner-occupied compared with 50% in 2016.
Mighell has 244 properties. Over the last 5 years, Houses in Mighell have seen a 64.22% increase in median value, while Units have seen a 21.91% increase. As at 30 November 2024:
- The median value for Houses in Mighell is $310,875 while the median value for Units is $232,931.
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