4 Emily Street represents a rare opportunity to secure a residential multi-unit development site, with existing income and within easy walking distance to schools, hospital and the central business district.
Offering a total of 1009ms this rectangular shaped allotment boasts two older style houses of timber construction, on one title (one of the homes configured as an upstairs/downstairs, recently renovated duplex). The other home is a low-set Queenslander and is presently unused and in need of renovation. The property is situated directly across the road from the local primary school and around the corner from Innisfail Hospital. All three tenancies have separate power.
The site is strategically positioned to capitalise on the demand for accommodation that is within walking distance to a mix of essential services. The site is close to primary facilities including, schools (primary and secondary), Churches, hospital and other medical services as well as the Central Business District of the Township of Innisfail.
With one dual tenanted property and potential to value add holding income with renovation to the second home, this prime site offers the potential for returns pending total re-development.
Features include:
- Strategic location
- Land area: 1009mò*
- Medium Density
- One house fully tenanted upstairs and down.
- One house vacant (Renovate and Value Add)
- Dual Driveways
- Suited to a range of residential developments (STCA)
- Perimeter fencing
- Close proximity to Essential Services and CBD
- Walk to parklands and recreational facilities
To obtain the Information Memorandum please contact Charlie Torrisi or Stacey Quaid.
*approx
