Map40-42 Charles Street, Innisfail, QLD 4860
- 8
- 3
For Sale
Offers over $500,000
Perfect for accommodation house
Sitting on 1,600 sqm of level land, this property is perfect for agri-business providers looking to accommodate workers. The property is zoned commercial but has a land use of Residential Institutions (Non-Medical Care).
Comprising 8 bedrooms, all of which are air conditioned and four of which have built-in robes and three full bathrooms. The dining area is very large and the full kitchen has all the appliances, including a dishwasher. There is a full laundry, and the living flows out to a very large, fully paved under-cover patio. All up, just over 300 sqm under roof.
In the midst of an accommodation crisis across the country, the returns here could be extremely lucrative.
The property is currently being used as a private education facility. The yard is fully fenced on a corner block across the road from hectares of parklands.
Michael Skuse
Principal
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Property Info:
- Property ID: L34475222
- Property Type:House
- Land Area:1600 sqm
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R&H Suburb Profile: Innisfail| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 31 |
| Average Price | $425,161 |
| Median Price | $425,000 |
| Median Rental Price | $390 p.w. |
| Change in Rental Rate (5yr) | 3 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 8 |
| Average Price | $280,938 |
| Median Price | $156,000 |
| Median Rental Price | $345 p.w. |
| Change in Rental Rate (5yr) | 59 % |
Median Trend - $425,000
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