57 Rankin Street, Innisfail, QLD 4860 | Commercial for sale | OnTheHouse
 
FOR SALE
Offers Over $595,000

57 Rankin Street
Innisfail QLD 4860

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1245m2
Land area: 631m2
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Amazing Opportunity!

Invest in yourself. This exceptional commercial property is ready for the taking and represents a rare opportunity for the astute investor. Perfect for multiple office setups, co-working spaces, combined leasing, or even as a corporate headquarters, the potential here is enormous.
Size does matter – set on approximately 631sqm of land*, this solid, multi-level building offers an impressive total floor area of around 1,200sqm* across three levels.
First Floor – Approx. 525 sqm*
Previously home to the town library, medical overflow facilities and more, this level features a flexible layout with male and female ablutions, multiple kitchens, a cleaner's room, and ample storage. Ideal for multi-tenancy, co-working, or professional office use.
Middle Level – Approx. 570sqm*
Currently used for storage, this floor is a blank canvas brimming with potential. With its original timber features (impossible to source today), this space could transform into a stunning industrial-style office area. It offers optional separate access from Grace Street, with excellent natural light and ventilation.
Lower Level – Approx. 150sqm*
Previously used for storage and, historically, as a bottle shop connected to the old pub (before the Imperial Tavern), this area includes vehicle access from Grace Street. There's scope to redevelop this level into off-street parking or additional tenancies (subject to council approval).
Boasting a prime, high-traffic location with thousands of cars passing daily, the property sits within walking distance of the Catholic Church, riverfront walking paths, Good Counsel College, and is neighboured by The Imperial Tavern, medical facilities, and other key businesses.
Comparable multi-tenanted commercial buildings — many smaller than this — have recently sold well into the millions. Priced to allow for any future capital works or fit-outs, this property presents an outstanding opportunity to start generating serious returns.
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Property Details for 57 Rankin St, Innisfail

Building Type
Commercial
Floor Size
1245m2
Land Size
631m2
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About Innisfail 4860

The size of Innisfail is approximately 2.1 square kilometres. There are 13 parks, covering nearly 21.8% of the total area. The population of Innisfail in 2016 was 1145 people. By 2021 the population was 1091 showing a population decline of 4.7% in the area during that time. The predominant age group in Innisfail is 20-29 years. Households in Innisfail are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Innisfail work in a labourer occupation.In 2021, 30.90% of the homes in Innisfail were owner-occupied compared with 32.00% in 2016.

Innisfail has 870 properties. Over the last 5 years, Houses in Innisfail have seen a 105.19% increase in median value, while Units have seen a 108.44% increase. As at 31 August 2026:

  • The median value for Houses in Innisfail is $397,965 while the median value for Units is $419,477.
  • Houses have a median rent of $360 while Units have a median rent of $350.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Innisfail on OnTheHouse. According to Cotality's data, 24 properties were sold in the past 12 months in Innisfail.

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Daniel Arnott
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Monique Cruse
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