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41-45 Ernest Street, Innisfail$845,000
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41-45 Ernest Street

Innisfail, QLD 4860, Australia
$845,000
4 bed 2 bath 5 car473 m²

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About this property

Rare Dual-Income Investment Opportunity in the Heart of Innisfail 4145 Ernest Street, Innisfail QLD 4860 Professionals Innisfail is proud to present this fully leased residential/commercial property, ideally located in a high-exposure position within the CBD. Offering multiple secure income streams, this is an exceptional investment opportunity for the savvy buyer seeking diversity, stability, and long-term growth. Currently returning a total of approximately $6000 per month, this property features: DownstairsAn established Commercial Tenancy Currently an established restaurant producing a rental return of approx. $3,000/month. Inclusions comprise everything you would expect front of house, commercial kitchen, ablutions, and storage. UpstairsTwo Quality Residential Units Two well-presented 2-bedroom apartments Solid construction, low-maintenance design Both units are leased Ideal for the local rental market Whether you're an educated investor looking to diversify a self-managed super fund or a business owner seeking to operate your own enterprise downstairs while earning passive income upstairsthis property delivers. With dual income, strong tenancies in place, and room to adapt with market demand, opportunities like this don't come often at such an accessible price point. Secure your future with a proven income-generating asset. Contact Professionals Innisfail on 4205 5000 today to arrange your inspection.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
5
Land Area
473 m²
Listed
3 months ago

Repayment calculator

$4,097/month
$2,048 /fortnight
Loan $676,000 at 6.10% over 30 years

Upfront costs

Deposit$169,000
Stamp duty$31,050
Conveyancing (est.)$2,000
Total upfront$202,050
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Innisfail

This 4-bedroom house in Innisfail, QLD 4860 sits within reach of public transport, local shops and nearby schools. It is listed 78% above the $475,000 median of 74 comparable houseswithin 5 km.

Schools near Innisfail

  • Good Counsel Primary Schoolprimary · Prep-6 · CoEd
  • Innisfail State Schoolprimary · Prep-6 · CoEd
  • Good Counsel Collegesecondary · 7-12 · CoEd

What's nearby

  • Innisfail (northbound) (bus)168 m away
  • Harvey Norman24 m away
  • Anzac Memorial Park251 m away
  • Baxter Park429 m away
  • Unnamed442 m away

Innisfail at a glance

Full suburb profile
Population
1,091
Median age
41
Household income
$894/wk
Median rent
$230/wk
Median mortgage
$1,083/mo

Source: ABS Census.

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