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12 Mourilyan Road, East Innisfail, QLD 4860, 3 Bedrooms, 1 Bathrooms, Unit
New

$1,200,000

12 Mourilyan Road, East Innisfail, QLD 4860

3
1
1
810m2
UnitListed on Wed Feb 19

East Innisfail 3 Bedroom 810 SQM -4 x 3 BRM,2 BATH,1 LUG TOWNSHOUSES- HIGH & DRY, WALK TO CBD

Why This is an Excellent Investment Opportunity. High and Dry- Prime Location & Lifestyle Appeal

This neat, low-maintenance complex of 4 townhouses is strategically positioned in the heart of Innisfail CBD?one of Far North Queensland?s key regional hubs.

The location offers:

Walking distance to shops, schools, gyms, recreation, and the picturesque riverwalk.

Proximity to key destinations ? Only 1 hour to Cairns (international airport, major employment hub) and 45 minutes to Mission Beach (tourism hotspot).

Access to nature & recreation ? Just minutes from tropical beaches and a boat ramp, perfect for fishing and marine enthusiasts.

Quality & Low-Maintenance Construction

The 456 sqm complex is well-designed for durability and ease of management:

4 x 3-bedroom, 2-bathroom, 1 LUG townhouses ? Ideal for families, professionals, and long-term tenants.

Solid brick internal walls ? Minimal upkeep required.

Air-conditioned living & main bedroom ? Essential for tropical climates, increasing tenant demand.

Built-in robes & private balconies ? Added comfort and functionality.

Security screens throughout ? Enhanced safety and peace of mind for tenants.

Open-plan living, courtyard gardens ? Modern design with indoor-outdoor flow.

Strong Investment Fundamentals

? High Rental Demand ? The CBD location and modern conveniences make these townhouses highly desirable for tenants.

? Attractive Rental Yield ? A total annual rental income of $72,800 ensures a steady cash flow.

? Low Vacancy Risk ? The growing demand from professionals, families, and retirees keeps occupancy rates high.

? Capital Growth Potential ? Innisfail is gaining interest from investors due to its affordability compared to Cairns and other coastal hotspots.

APPROXIMATE ROI; may be subject to change

Financial Summary

Item Amount (AUD)

Purchase Price $1,200,000

Annual Rental Income $72,800

Expenses:

- Rates & Water $9,000

- Insurance $3,000

- Property Management (8%) $5,824

- Maintenance $1,500

Total Expenses $19,324

Net Annual Income $53,476

ROI 4.46%

Potential Upsides & Long-Term Gains

Market Growth ? Property values in Innisfail are rising, with more interest from southern buyers & investors seeking affordability.

Potential for Rent Increases ? With growing demand, rental rates may rise, increasing ROI over time.

Strong Tourism & Regional Development ? Proximity to Cairns, Mission Beach, and major infrastructure projects enhances investment appeal.

Long-Term Stability ? Brick construction, easy maintenance, and high demand ensure solid asset retention.

Considerations & Potential Downsides

Lower Immediate ROI (4.46%)

.Regional Market Risks ? While demand is rising, investors should monitor property values and rental market trends.

Management Costs ? Property management fees and maintenance expenses should be factored into long-term projections.

Final Verdict: A Smart Regional Investment

This CBD townhouse complex is a solid, low-maintenance asset in a prime regional location with:

? Steady rental income

? High demand from tenants

? Potential capital growth

? Strong regional lifestyle appeal

Overall: A stable investment with growth potential, benefiting from increasing demand and strategic location.

Call agent to discuss today.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Innisfail East State School
0.95 km
Primary
Prep-6
Government
icsea: 852
Innisfail State College
1.20 km
Secondary
Prep-12
Government
icsea: 886

Property history

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East Innisfail surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
20 Annie Street, East Innisfail
0.15 km
3
1
-m2
Year 2025 Month 02 Day 17
-
Council approved
10 Benwell Street, East Innisfail
0.39 km
2
1
-m2
Year 2025 Month 01 Day 12
$330,000
Council approved
22 Mourilyan Road, East Innisfail
0.42 km
3
2
-m2
Year 2024 Month 12 Day 15
$750,000
Council approved
3 Agnes Street, East Innisfail
0.31 km
3
1
-m2
Year 2024 Month 10 Day 23
$515,000
Council approved
5 Agnes Street, East Innisfail
0.33 km
6
2
-m2
Year 2024 Month 09 Day 19
-
Council approved

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Ref:eagle_1556732Last update:2025-02-19 11:11:31