9/80-86 River Ave, Mighell is a 3 bedroom, 2 bathroom House with 2 parking spaces.
The Avenue is Innisfail's newest residential development, built by Allan Sultana Constructions-one of the region's most trusted builders with over 47 years' experience-and proudly developed by the Catalano family. Recently awarded by Master Builders, this boutique complex blends modern living with strong investment potential.
Features include:
Thoughtfully designed layout with private balcony
Investor highlights:
Rental appraisal: $620 per week approx.
Gross rental yield: 6.7% p.a. approx.
Council rates: $4,000 p.a. approx.
Strong negative gearing and tax benefits with a high depreciation schedule available
Location:
Just one hour south of Cairns, Innisfail is a vibrant regional hub with approximately 7,000 residents. Known for its strong agricultural industry, riverside town centre, and stunning art deco architecture, Innisfail is a sought-after destination for both lifestyle and investment.
This is an outstanding opportunity to secure a brand-new, high-yield property with excellent rental return and substantial tax write-off benefits.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
The size of Mighell is approximately 4.3 square kilometres. It has 3 parks covering nearly 2.3% of total area. The population of Mighell in 2016 was 380 people. By 2021 the population was 363 showing a population decline of 4.5% in the area during that time. The predominant age group in Mighell is 60-69 years. Households in Mighell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mighell work in a labourer occupation.In 2021, 52.00% of the homes in Mighell were owner-occupied compared with 50.00% in 2016.
Mighell has 295 properties. Over the last 5 years, Houses in Mighell have seen a 122.11% increase in median value, while Units have seen a 91.27% increase. As at 30 November 2025:
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