829 SQM CORNER BLOCK WITH VERATILITY- BLANK CANVAS, DOULBLE STREET ACCESS, GREAT LOCATIONBRILLIANT RENTAL RETURN- RENT $410pw/ BUY $163,000. -be quick, won’t last!
Here’s your chance to secure a remarkable property in a prime inner-suburb location near Innisfail CBD. With a generous 829m² corner block offering double street access, this high-set Queenslander is a blank canvas packed with potential. At just $175,000, with a solid rental return of $410 per week, this property is ideal for seasoned investors or those starting their property portfolio.
Key Features of the Property:
• Unmatched Value and Rental Yield
Where else in Australia can you purchase a home on such a large corner block for just $163,000? The current rental return of $410 per week ensures a brilliant yield, making this a standout investment.
• Reliable Tenants and Secure Lease
The property is leased until December 2025, with tenants who consistently pay rent on time. This provides immediate income stability, with the flexibility for the new owner to either take possession at the end of the lease or extend it further.
• Spacious High-Set Home
The property features a solid high-set design with three bedrooms, offering ample space for a family or tenants. Elevated construction ensures no flooding issues, a significant advantage in this region.
• Prime Corner Block with Double Street Access
The 829m² block's versatility is unmatched. Double street access provides options for dual occupancy, a large shed, or redesigning the property to maximize its potential.
• Central Location in a Desirable Neighborhood
Situated in a sought-after inner suburb close to Innisfail CBD, this property is surrounded by stately character homes. Schools, recreational facilities, and picturesque river walks are just moments away, making it highly appealing to tenants and families.
• Low Maintenance and Established Services
o Connected to mains water, power, and sewerage for ease of living.
o Affordable annual council rates of approximately $3,700.
Additional Features:
• Virtually Furnished for Inspiration
To respect tenant privacy, the property has been virtually furnished. This thoughtful feature lets you visualize how the interior layout can be transformed to suit your style, whether as a comfortable family home or an enhanced investment property.
Who is This Property For?
This home is perfect for:
• Investors: Seasoned or first-time investors seeking a high-yield property with stable tenants and low upfront costs.
• Future Homeowners: Buyers planning to move in post-lease, with ample time to plan renovations or upgrades.
Don’t Miss Out! Properties with this level of value, potential, and return are rare and sell fast.
Contact us today to arrange a viewing and secure this fantastic investment opportunity!
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