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!

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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