Last Listing description (September 2026)
$850,000 A genuine income-producing property offering business, residential and lifestyle flexibility at a price point rarely achievable in a major metropolitan market.
If you have never seriously considered rural or regional property investment, this is the type of opportunity that deserves a closer look.
Why spend substantially more acquiring a similar income-producing asset in a major city, only to face higher purchase costs, higher ongoing expenses, greater competition and potentially less return on capital? Here, the numbers tell a compelling story an approximate 9.6% NET return, combined with relatively low maintenance requirements, secure infrastructure and the added flexibility of residential accommodation.
This is not simply a storage business. It is a dual-purpose income-producing property with a home, giving the astute investor multiple options: retain the existing residential tenant, occupy the home yourself, or potentially live on-site while operating the storage facility.
A GOLDEN NEST EGG WITH MULTIPLE OPTIONS
Set on a generous 1,060m corner block just over acre with two-street access, this property combines:
21 secure storage sheds
A high-set Queenslander-style 4-bedroom home
Separate residential and commercial income streams
Approximate 9.6% NET return
Main water, power and sewerage
Flood-free position
Low-maintenance buildings and grounds
Commercial rates of approximately $3,000 per half year
Remote-controlled access and timed lighting to sheds
Truck access and separate pedestrian entry
Customer toilet and wash basin facilities in storage area
Insurance Storage Sheds -$3161 per year/ House 2557 per year
The storage facility provides an exceptionally straightforward business model, with 21 individual secure, lockable storage units, very low vacancy and minimal day-to-day management required. Remote access, timed lighting and the property's established operation allow the business to generate income without the intensive staffing requirements associated with many traditional businesses.
LIVE, INVEST OR DO BOTH
The high-set Queenslander-style residence provides genuine lifestyle appeal as well as additional income potential.
Featuring four bedrooms, separate bathroom and toilet, spacious open-plan living, high ceilings, generous windows, air conditioning and ceiling fans, the home enjoys excellent natural airflow and ambient light.
There is also useful storage beneath the home, together with an easy-care garden, making it a practical residence rather than a high-maintenance addition.
Existing long-term tenants are happy to remain, while the option of vacant possession provides flexibility for an owner-occupier.
WHY LOOK BEYOND THE MAJOR CITIES?
For metropolitan investors, this property provides an opportunity to think differently.
Major-city commercial property can require considerably more capital to acquire, while rates, insurance, maintenance, staffing and other holding costs can quickly add up. By contrast, this property combines commercial income, residential accommodation and land in one established asset, without requiring metropolitan-level capital outlay.
The attraction is not simply the purchase price it is the relationship between the capital invested, income generated and ongoing simplicity of ownership.
For someone seeking a genuine income-producing asset rather than another complicated business venture, that combination can be particularly attractive.
A BUSINESS THAT CAN FIT A LIFESTYLE
South Johnstone offers something increasingly valuable the opportunity to combine work, investment and lifestyle without the congestion and pressures associated with larger cities.
Enjoy a more relaxed regional lifestyle while remaining within easy reach of Innisfail, Mission Beach, the Cassowary Coast and the spectacular natural attractions of Far North Queensland.
The area offers access to tropical beaches, rivers, waterfalls, rainforest, fishing, boating, farming country and some of Far North Queensland's most distinctive natural scenery.
This property could therefore appeal to:
Investors seeking strong income and diversification
Self-managed super fund or private investors seeking an established income-producing asset, subject to their own professional advice and eligibility
Business owners wanting a property with income-producing storage facilities
Owner-occupiers wanting to live alongside their business
Retirees seeking income with a simpler regional lifestyle
Semi-retirees wanting to downsize from a metropolitan lifestyle while retaining an income stream
Interstate investors looking for a regional asset with multiple income components
Storage-business operators seeking an established facility rather than starting from scratch
Entrepreneurs looking for a relatively simple business model with residential flexibility
A RELUCTANT SALE AND A GENUINE OPPORTUNITY
The current owners have proudly owned and maintained this property for many years and are now retiring and looking to simplify their lives.
Their decision to sell is therefore made with some reluctance but for genuine lifestyle reasons, creating an opportunity for a new owner to take over an established property with a proven history of income and occupancy.
For the right buyer, this could be far more than another investment property.
It could be a long-term income-producing asset, a business, a home and a lifestyle change all in one.
The financial figures, occupancy history and income details are available for qualified purchasers to inspect.
Contact the exclusive listing agent today to arrange your inspection and investigate the numbers for yourself.
DISCLAIMER: Images may include virtual furnishings for illustrative purposes only. Furniture shown may not be present at the property. Tenant privacy has been respected.