198 Edith Street, Innisfail, QLD 4860 sold on 04 June 2025 | OnTheHouse
SOLD
Sold on 04 Jun 2025 for $300,000

198 Edith Street
Innisfail QLD 4860

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 198 Edith St, Innisfail

Building Type
Commercial
Land Size
1012m2
Local Government
Cassowary Coast Regional
Lot/Plan
1/I281126

Last Listing description (August 2024)

A rare opportunity to acquire a substantial, high profile, high traffic commercial property.

Two street access, plus rear vehicle access.
Vacant possession made available for wider buyer option.

1,012m2 land with 346m2 shop premise.

- Shop front setup, previously a bakery with original clay brick oven.
- Well-built with large rooms and plenty of undercover carparking.
- 1 bedroom and ensuite to the rear.
- 3 phase power
- Unused rear yard area.
- Compliant, commercial grade grease trap.
- Can be sold with the neighbouring property 196 Edith St

Zoned - Commercial (shop).

The current owners are retiring and have not renewed the lease to give prospective buyers the option to occupy, renovate or redevelop.

The property is turnkey and can be up and running with ease if required, amazing opportunity to redevelop or an existing business to owner occupy.

Redevelopment opportunities are vast (STCA), offering a consistent traffic flow as the main connection into the township of Innisfail and beyond, blue chip tenures are nearby which only adds to the confidence of any prospective purchaser and the appeal to a potential lessee.

Property History for 198 Edith St, Innisfail, QLD 4860

A timeline of how this property has performed in the market
Last Sold
$300,000
04 Jun 2025
  • 04 Jun 2025
    Sold for $300,000
  • 06 Aug 2024
    Listed for Sale Offers Over $295,000
  • 09 Jan 2024
    Listed for Sale Offers Over $395,000
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About Innisfail 4860

The size of Innisfail is approximately 2.1 square kilometres. It has 13 parks covering nearly 21.8% of 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 871 properties. Over the last 5 years, Houses in Innisfail have seen a 116.24% increase in median value, while Units have seen a 113.04% increase. As at 30 November 2025:

  • The median value for Houses in Innisfail is $357,926 while the median value for Units is $371,072.
  • Houses have a median rent of $405 while Units have a median rent of $280.
There are currently 25 properties listed for sale, and 10 properties listed for rent in Innisfail on OnTheHouse. According to Cotality's data, 29 properties were sold in the past 12 months in Innisfail.

Suburb Insights for Innisfail 4860

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.