9 Donald Street, Innisfail, QLD 4860 | House for sale | OnTheHouse
 
FOR SALE
$1,050,000

9 Donald Street
Innisfail QLD 4860

Bedrooms: 1
Bathrooms: 2
Car spaces: 9
Floor area: 480m2
Land area: 2024m2
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Secure 8%+ Net Yield Opportunity | 3 + 3 Year Leaseback Available

Positioned within the heart of Innisfail's commercial precinct, 9 Donald Street presents an exceptional opportunity for investors seeking a well-established freehold asset with strong underlying fundamentals and future upside.
Situated on an approximately 1,000m² allotment with an estimated floor area of approximately 480m², the property offers a versatile commercial configuration comprising front showroom/reception areas, multiple office and workspaces, storage facilities, amenities, and functional rear warehouse/workshop accommodation with excellent accessibility.
Whilst vacant possession can be provided to an incoming purchaser, the current owners' preference is to remain in occupation under a new 3 + 3 year lease at a circa $85,000 net annual rental return, representing an attractive 8%+ yield opportunity for investors.
Being offered as a going concern, this is an outstanding opportunity to secure an income-producing commercial holding within a tightly held regional market.
Property Highlights:
• Approx. 1,000m² land holding
• Approx. 480m² floor area
• Offered as a going concern
• Vacant possession available or potential 3 + 3 year leaseback to current owners
• Circa $85,000 net annual return, representing an 8%+ yield opportunity
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Property Details for 9 Donald St, Innisfail

9 Donald St, Innisfail is a 1 bedroom, 2 bathroom House with 9 parking spaces. The property has a land size of 2024m2 and floor size of 480m2. The place is currently for sale with Ray White Cairns.

Building Type
House
Floor Size
480m2
Land Size
2024m2
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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 867 properties. Over the last 5 years, Houses in Innisfail have seen a 114.77% increase in median value, while Units have seen a 100.14% increase. As at 30 June 2026:

  • The median value for Houses in Innisfail is $398,485 while the median value for Units is $424,996.
  • Houses have a median rent of $360 while Units have a median rent of $350.
There are currently 18 properties listed for sale, and 10 properties listed for rent in Innisfail on OnTheHouse. According to Cotality's data, 28 properties were sold in the past 12 months in Innisfail.

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David Murphy
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Ray Murphy
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Ray White Cairns
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