41-45 Ernest Street
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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
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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 Norman — 24 m away
- Anzac Memorial Park — 251 m away
- Baxter Park — 429 m away
- Unnamed — 442 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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