OFF MARKET

9/80-86 River Avenue
Mighell QLD 4860

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 9/80-86 River Ave, Mighell

9/80-86 River Ave, Mighell is a 3 bedroom, 2 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Cassowary Coast Regional

Last Listing description (December 2024)

ONLY 1 X 3 BEDROOM UNIT LEFT FOR SALE!

CONTACT US TODAY TO BOOK YOUR PRIVATE INSPECTION.

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 6.3% 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: $550-$580 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 moderne 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 9/80-86 River Ave, Mighell, QLD 4860

A timeline of how this property has performed in the market
  • 15 Aug 2024
    Listed for Sale $480,000

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About 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.
There are currently 12 properties listed for sale, and no properties listed for rent in Mighell on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Mighell.

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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.