111 Mourilyan Road, East Innisfail QLD 4860
Property Details
8
4
Block of Units
Description
Property Details: • Type: Block of Units
• Bedrooms: 8 • Bathrooms: 4
Description: 111 Mourilyan Road, East Innisfail QLD 4860 Rare Investment Opportunity Fully Tenanted Block of 4 Units This is a standout opportunity for the savvy investora solid, low-maintenance block of four spacious 2-bedroom units, ideally positioned on a generous 1,012 m² allotment in a sought-after rental precinct of East Innisfail. Constructed with durable masonry block, including internal walls, the complex has been built to last, offering strength, ease of maintenance, and enduring value. Whether you're looking to grow your investment portfolio or secure a multi-income property, this address is a must-see. Property Features: 4 x 2-bedroom unitsall on one title Each unit includes: 2 well-sized bedrooms with natural light 1 tiled bathroom with separate toilet Open-plan kitchen, dining & lounge areas Internal laundry space Private rear courtyard Individual carport for each unit Solid block constructioninside and out Spacious 1,012m² block with low-maintenance grounds Rear garden area with potential for shared outdoor space or upgrades Excellent ventilation and light throughout all units Investment Highlights: Strong rental demand in the areapopular with local workers and families Proven history of high occupancy rates and reliable tenancies Consistent returns (over $1000/wk) Potential to increase rents with light upgrades or modernisation Individually metered for electricity (ideal for tenant responsibility) Council rates and outgoings are modest compared to potential gross yield Prime Location: Directly opposite East Innisfail State School Minutes to Innisfail CBD, Coles, Woolworths, cafes, and essential services Short distance to daycare centres, sporting facilities & parks Easy access to Mourilyan Harbour and coastal lifestyle attractions Located on a main transport corridor convenient for tenants with or without vehicles Ideal For: Astute investors seeking a set-and-forget income generator Those looking to add value and increase returns over time Buyers wanting a multi-unit complex with strong fundamentals in a regional growth area Don't miss out multi-unit blocks like this are rarely offered to the market. Contact us today to request a rental income statement, arrange an inspection, or secure your slice of high-performing real estate in Far North Queensland!
Location
Address
111 Mourilyan Road, East Innisfail QLD 4860
City
East Innisfail
Features and Finishes
None
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