Map10 Charles Street, Innisfail, QLD 4860
- 2
- 1
- 2
Sold
Sold for $230,000 on Jun 30, 2025
Centrally located Duplex
Sitting on 1012 sqm in a central location just two blocks from the CBD.
These two 2-bedroom residences are both leased to long-term tenants. Both tenants pay $290 per week, equating to a gross annual income of $30160 and a gross return at purchase price of 12%. Rates are $6800.
The property is in a flood zone, but is highest, so only the carport area, laundry, and yard will get water in the event of a flood tenants will be high and dry, and in most cases, the water will be gone overnight.
There is a little bit of work to do on one of the bathrooms as there has been a leaking shower base, but other than that, it looks pretty robust.
This is a bargain price and will suit a real estate investor who is prepared to do a little bit of work and reap the returns.
These opportunities do not come along very often, so don't delay.
Regards,
Michael Skuse
Principal
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L33834352
- Property Type:House
- Garages:2
- Land Area:1012 sqm
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
David Lynch
Mortgage Broker
Provided By
We Know Your Area
R&H Suburb Profile: Innisfail| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 43 |
| Average Price | $326,651 |
| Median Price | $293,000 |
| Median Rental Price | $430 p.w. |
| Change in Rental Rate (5yr) | 54 % |
Median Trend - $293,000
Recently Listed
Recently Sold