55 Grace StreetInnisfail QLD 4860
Property Details for 55 Grace St, Innisfail
Last Listing description (June 2023)
EXCELLENT RENTAL RETURNS - AVERAGE ROOM RENTAL $125 PER WEEK - 13 FURNISHED ROOMS IN TOTAL
Located within walking distance to town is this
Accommodation Centre which is ideal to accommodate employees, backpackers or tenants.
This property is currently being rented to single tenants and consistently produces great annual returns with loads of potential to grow.
The land size is 1,008m2 with development potential having two adjoining vacant blocks of land.
Ideal for if you would like to build more accommodation.
This property is currently certified and licenced for 13 fully furnished rooms.
Fire Suppression System and current Fire Safety Audit is up to date.
Separate male and female amenities.
Annual income can be provided upon enquiry.
If you are looking for a fantasic investment with great returns please enquire by calling Leisa Spinella on 0436 477 974
or Ronnie Neary on 0417 760 500 or Mo Crowley 0427 642 015
Property History for 55 Grace St, Innisfail, QLD 4860
- 26 Jun 2017Listed for Sale $550,000
- 02 May 2002Sold for $150,000
- 29 Apr 1998Sold for $135,000
Recent sales nearby
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0About 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 869 properties. Over the last 5 years, Houses in Innisfail have seen a 109.46% increase in median value, while Units have seen a 124.69% increase. As at 31 March 2026:
- The median value for Houses in Innisfail is $393,466 while the median value for Units is $405,248.
- Houses have a median rent of $395 while Units have a median rent of $350.
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