Inviting Expressions of Interest
28 Rankin Street, Innisfail, QLD 4860
Prime Multi-Level Commercial Investment
The Deal
Located in the heart of Innisfail's CBD, this four-level commercial building offers an outstanding opportunity for investors or owner-occupiers seeking a high-exposure asset with strong income potential.
Extensively refurbished in 2011, the building features an updated air-conditioning system, lift installation, electrical and plumbing upgrades, and modern amenities for efficiency and compliance.
Three of the four floors are fully leased, ensuring a stable passive income, while the vacant floor provides huge potential for commercial use or lease. And here's the kicker-the owner will pay 12 months' rent on the vacant floor until a tenant is secured (up to 12 months max)! That means you'll receive full income from day one.
The Property
- Four-level commercial building in a high-exposure CBD location
- Three floors leased
- One vacant floor with rental guarantee for up to 12 months
- Extensive refurbishment in 2011, including:
- Air-conditioning system upgrade
- Lift installation
- Electrical and plumbing upgrades
- New roof and ceilings
- Modern amenities: Kitchenettes and disabled toilets installed
- Front & Rear access for convenience and visibility
The Investment
This property provides a strong passive income with the potential for further growth.
- Current rental return: $62,000 + GST per annum
- Owner Covering 12 months rent for the vacant floor
- Leased to established tenants for stability
- Prime CBD position with excellent exposure for future tenants
- Potential to increase yield through leasing the vacant floor
Whether you're looking for a reliable investment or a commercial space for your own business, this building delivers on both fronts.
The Location
Strategically positioned in Innisfail's thriving CBD, this property benefits from:
- High foot traffic and street exposure
- Proximity to government offices, banks, and essential services
- Easy access with dual street frontage
Don't Miss Out
A secure investment with future upside in a prime CBD location-this is an opportunity not to be missed. Whether you're looking to expand your portfolio or establish your business in a high-exposure property, this building has the position, income, and potential you need.
Contact us today before someone else takes the honey from the hive!
Located in the heart of Innisfail's CBD, this four-level commercial building offers an outstanding opportunity for investors or owner-occupiers seeking a high-exposure asset with strong income potential.
Extensively refurbished in 2011, the building features an updated air-conditioning system, lift installation, electrical and plumbing upgrades, and modern amenities for efficiency and compliance.
Three of the four floors are fully leased, ensuring a stable passive income, while the vacant floor provides huge potential for commercial use or lease. And here's the kicker-the owner will pay 12 months' rent on the vacant floor until a tenant is secured (up to 12 months max)! That means you'll receive full income from day one.
The Property
- Four-level commercial building in a high-exposure CBD location
- Three floors leased
- One vacant floor with rental guarantee for up to 12 months
- Extensive refurbishment in 2011, including:
- Air-conditioning system upgrade
- Lift installation
- Electrical and plumbing upgrades
- New roof and ceilings
- Modern amenities: Kitchenettes and disabled toilets installed
- Front & Rear access for convenience and visibility
The Investment
This property provides a strong passive income with the potential for further growth.
- Current rental return: $62,000 + GST per annum
- Owner Covering 12 months rent for the vacant floor
- Leased to established tenants for stability
- Prime CBD position with excellent exposure for future tenants
- Potential to increase yield through leasing the vacant floor
Whether you're looking for a reliable investment or a commercial space for your own business, this building delivers on both fronts.
The Location
Strategically positioned in Innisfail's thriving CBD, this property benefits from:
- High foot traffic and street exposure
- Proximity to government offices, banks, and essential services
- Easy access with dual street frontage
Don't Miss Out
A secure investment with future upside in a prime CBD location-this is an opportunity not to be missed. Whether you're looking to expand your portfolio or establish your business in a high-exposure property, this building has the position, income, and potential you need.
Contact us today before someone else takes the honey from the hive!
PROPERTY FEATURES
- Air Conditioning
- Area Views
- Car Parking - Surface
- City Views
- Close to Schools
- Close to Shops
- Close to Transport
Property Info
Municipality
Innisfail
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