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142 Edith Street
Innisfail QLD 4860
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Sold on 25 Jul 2024

142 Edith Street Innisfail QLD 4860

  • Shop & Retail
  • 556 m²
  • Sold, $210,000

CBD Freehold with tenant in place

    With over 32 metres of Bruce Hwy Frontage and located in the CBD of Innisfail this freehold site is an excellent opportunity for a self-managed superannuation fund.

    The property has had the same tenant since 2016 and while the lease has expired the tenant has indicated no desire to move. They would be happy to sign a new 3 plus 3 if the rent remained the same. On the current rent, the return is 7.2% net of GST and Rates. Sitting on 556 sqm the property comprises a large handstand car parking area with an undercover awning and the building has a retail showroom with several separate office spaces.

    This is a high-profile site that offers potential redevelopment in the future or a set-and-forget on current returns. It also has the potential for an owner-occupier.

    Contact Michael Skuse

    Raine & Horne Innisfail
    Raine & Horne Innisfail
    49 Fitzgerald Esplanade
    Innisfail, QLD 4860

    Property Highlights

    Date Sold25 Jul 2024
    Sold Price$210,000
    Floor AreaAsk Agent
    Land Area556 m²
    ParkingAsk Agent
    Property ID2019347056
    Category
    Last updated  15 Aug 2024
    Map for 142 Edith Street Innisfail QLD 4860
    Raine & Horne Innisfail
    Raine & Horne Innisfail
    49 Fitzgerald Esplanade
    Innisfail, QLD 4860

    Property Highlights

    Date Sold25 Jul 2024
    Sold Price$210,000
    Floor AreaAsk Agent
    Land Area556 m²
    ParkingAsk Agent
    Property ID2019347056
    Category
    Last updated  15 Aug 2024

    Listed by

    Michael Skuse
    Raine & Horne Innisfail
    Call
    0411029300

    More about 142 Edith Street Innisfail QLD 4860

    142 Edith Street Innisfail QLD 4860 is categorized as Shop & Retail Property. It has a land area of 556 m². The listing ID for this property is 2019347056.

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