This magnificent 3 level, multi-use commercial property is centrally located in Rankin St., Innisfail. The street level comprises 2 office/shops. One (190m2) has access to rear stairs and car parking, the other (70m2) has access to the basement. There are multiple split system air conditioners throughout. Upstairs has 7 large rooms/offices plus 2 kitchen areas, 3 toilets and shower which would suit a variety of options. The 150m2 basement area is being used as a dance academy and comprises 2 large rooms and a kitchen area. All tenancies have their own toilet and kitchenette facilities. Covered carport areas are provided under the basement as well as a separate carport with rear access from Owen Street. This solid concrete building with some timber floor areas was previously a bank with extensive security grills and a large vault. Two secure tenants are paying $41,470 p/a inc. GST.
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 867 properties. Over the last 5 years, Houses in Innisfail have seen a 122.20% increase in median value, while Units have seen a 116.50% increase. As at 30 April 2026:
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