94-96 Edith StreetInnisfail QLD 4860
Property Details for 94-96 Edith St, Innisfail
Last Listing description (December 2024)
Colliers Cairns as exclusive marketing agents are pleased to present 94-96 Edith Street, Innisfail Queensland 4860, as a unique investment opportunity in the Cassowary Coast Region. The commercial investment is placed on the market for sale with a 10% return.
94-96 Edith Street, Innisfail presents as a partially leased investment, with an immediate income of $86,422.73 ex GST, with potential for future development. The site offers an NLA of approximately 744m2* over two levels and a freehold land area of 427m2*.
The property is predominantly tenanted with two of the three tenancies being in occupation for decades. The Gumloon restaurant has traded from the same location for over 40 years with Vince Martin Solicitors having held a similarly impressive tenure.
With 94-96 Edith Street underpinned by strong tenants alongside the prominent CBD positioning, the immediate rental income and proximity to national retailers, it is a valuable investment opportunity.
Features:
Immediate net income of $86,422pa*
Versatile, multipurpose building with NLA of 744m2*
427m2* freehold site with prominent positioning in town centre
Direct frontage onto main thoroughfare
Multiple long-term tenants who have been trading at this address for decades
Mixed use space - combination of office space & restaurant
Surrounded by national retailers including Hungry Jacks, Coles, Harvey Norman, and
Bunnings
For more information, contact the agent.
*approximately
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.
Property History for 94-96 Edith St, Innisfail, QLD 4860
- 12 Dec 2024Listed for Sale Contact Agent
- 08 Nov 2024Sold for $650,000
- 13 Jul 2024Listed for Sale Contact Agent
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 874 properties. Over the last 5 years, Houses in Innisfail have seen a 122.51% increase in median value, while Units have seen a 134.79% increase. As at 31 December 2025:
- The median value for Houses in Innisfail is $369,195 while the median value for Units is $397,582.
- Houses have a median rent of $415 while Units have a median rent of $300.
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