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56 Ernest Street Innisfail, QLD 4860

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56 Ernest Street,
Innisfail, QLD 4860

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Retail/Residential Investment of CBD Fringe

  • Exposure to Bruce Highway
  • Two retail premises plus 3 bed accom
  • Street and rear parking
Colliers International Cairns is pleased to present this 1,012 sqm Freehold retail/residential space located in Ernest Street Innisfail.

The property contains two retail premises which have been partly refurbished, and a separate three bedroom accommodation to the rear of the property.

Features include:
• Great location on fringe of Innisfail CBD with exposure to Bruce Highway
• Both retail spaces currently tenanted (clothing boutique and pet groomer)
• On Street parking plus parking at rear via side laneway entry
• Grassed/gravel area to the rear of the property
• Central Business (4150) zoning
• Three bedroom accommodation contains kitchen, dining, shower and toilet
• Great location surrounded by major retailers including Harvey Norman, Bunnings, Hungry Jacks and Macdonalds.

Tenanted investment in prime Main Street location – now reduced to $295,000.

Gross income of $26,400pa + GST with tenant paying partial outgoings on a pro-rata basis.

This rarely found highway investment provides opportunity for passive income, owner occupation or redevelopment (subject to council approval).

To obtain the Information Memorandum or to arrange an inspection, please contact Charlie Torrisi or Stacey Quaid.

Property ID: 501682225Last Updated: 26 Feb 2016

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56 Ernest Street
Innisfail, QLD 4860

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