59 Edith StreetInnisfail QLD 4860
Property Details for 59 Edith St, Innisfail
59 Edith St, Innisfail is a 8 bedroom, 3 bathroom House with 12 parking spaces. The property has a land size of 391m2 and floor size of 171m2.This Property is currently listed for sale with Altora Global
Last Listing description (February 2026)
Calling all commercial and residential investors this is an outstanding opportunity to secure a tightly held main street property offering strong returns, long-term leases, and diversified income.
Ideally positioned in the heart of the towns main street, this mixed-use asset delivers a gross annual income of $57,600 with approx. $8,000 in annual rates, resulting in an attractive net yield of approximately 6.6%.
The ground floor commercial tenancy is leased to a well-established nail salon under a new 3 + 3 year lease, providing excellent income security. The premises feature a modern, renovated shopfront with approximately 169m of floor space, including multiple private treatment rooms, staff amenities, lunchroom, and toilet facilities.
Above, the residential component is leased under a two-year head lease and comprises two separate dwellings across two levels, each offering:
Four bedrooms
Kitchen, dining, and living areas
Bathroom facilities
The entire building is fully air-conditioned, ensuring comfort for both commercial and residential tenants.
Set on a 391m land parcel, this property represents a rare chance to acquire a high-performing investment in a location where main street commercial assets seldom become available.
With secure leases already in place and multiple income streams, this is an ideal addition to any investment portfolio.
Enquire today to receive further details and arrange your inspection.
Property History for 59 Edith St, Innisfail, QLD 4860
- 20 Jan 2026Listed for Sale Just Listed - Contact Agent
- 16 Oct 2024Listed for Sale Buyers Around $750,000
- 02 Jul 2024Listed for Sale Buyers Around $750,000
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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 872 properties. Over the last 5 years, Houses in Innisfail have seen a 106.72% increase in median value, while Units have seen a 116.44% increase. As at 28 February 2026:
- The median value for Houses in Innisfail is $376,481 while the median value for Units is $372,863.
- Houses have a median rent of $395 while Units have a median rent of $300.
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