810 SQM BLOCK FOUR 3 BRM,TOWNSHOUSES- -$1.2 million/OR BUY ONE-ONLY $320K

Jubilee Terrace, 12 Mourilyan Road
Block of rented apartments • 3 room(s) • 3 bed. • 1 bath. • ref: 8261049
TOWNSHOUSES-$320K/or COMPLEX $1.2m
Why This is an Excellent Investment Opportunity at $1.2 million for all four Townhouses. High and Dry- Prime Location & Lifestyle Appeal or optional purchase individually for $320,000 - 3 bedroom, 2 toilets, own balcony amd yard, lock up garage close CBD. Advantages of Strata-Titled Townhouses in a small Complex BUY ONE FOR $320,000. Owning a strata-titled townhouse in a small complex of four offers several benefits, including affordability, shared maintenance, and a sense of community. Lower Maintenance Responsibilities – Upkeep costs for common areas and external repairs are shared, reducing individual burden. Affordability – Generally more cost-effective than freestanding homes, making it ideal for first-time buyers, investors, and downsizers. Small, Exclusive Community – A quiet, friendly environment with easier decision-making and more privacy than larger complexes. Shared Costs – Expenses for insurance, maintenance, and amenities are split among owners, making long-term upkeep more affordable. Increased Security – A close-knit community fosters safety and vigilance among neighbors. This setup balances cost efficiency, convenience, and lifestyle benefits, making it a smart housing choice. This neat, low-maintenance complex of 4 townhouses is strategically positioned in the heart of Innisfail CBD—one of Far North Queensland’s key regional hubs. The location offers: Walking distance to shops, schools, gyms, recreation, and the picturesque riverwalk. Proximity to key destinations – Only 1 hour to Cairns (international airport, major employment hub) and 45 minutes to Mission Beach (tourism hotspot). Access to nature & recreation – Just minutes from tropical beaches and a boat ramp, perfect for fishing and marine enthusiasts. Quality & Low-Maintenance Construction The 456 sqm complex is well-designed for durability and ease of management: 4 x 3-bedroom, 2-bathroom, 1 LUG townhouses – Ideal for families, professionals, and long-term tenants. Solid brick internal walls – Minimal upkeep required. Air-conditioned living & main bedroom – Essential for tropical climates, increasing tenant demand. Built-in robes & private balconies – Added comfort and functionality. Internal laundry--spacious, storage and convenient. Security screens throughout – Enhanced safety and peace of mind for tenants. Open-plan living, courtyard gardens – Modern design with indoor-outdoor flow. Strong Investment Fundamentals • High Rental Demand – The CBD location and modern conveniences make these townhouses highly desirable for tenants. • Attractive Rental Yield – A total annual rental income of $72,800 ensures a steady cash flow. • Low Vacancy Risk – The growing demand from professionals, families, and retirees keeps occupancy rates high. • Capital Growth Potential – Innisfail is gaining interest from investors due to its affordability compared to Cairns and other coastal hotspots. APPROXIMATE ROI; may be subject to change Financial Summary Item Amount (AUD) Purchase Price $1,200,000 Annual Rental Income $72,800 subject to change to the landlords advantage. Approx expenses per year for complex of 4 Townhouses- - Rates & Water $16 000 - Insurance $2800 - Property Management normally around 7.5%- shop around. - Maintenance $1000 Potential Upsides & Long-Term Gains Market Growth – Property values in Innisfail are rising, with more interest from southern buyers & investors seeking affordability. Potential for Rent Increases – With growing demand, rental rates may rise, increasing ROI over time. Strong Tourism & Regional Development – Proximity to Cairns, Mission Beach, and major infrastructure projects enhances investment appeal. Long-Term Stability – Brick construction, easy maintenance, and high demand ensure solid asset retention. Final Verdict: A Smart Regional Investment This CBD townhouse complex is a solid, low-maintenance asset in a prime regional location with: ✔ Steady rental income ✔ High demand from tenants ✔ Potential capital growth ✔ Strong regional lifestyle appeal Overall: A stable investment with growth potential, benefiting from increasing demand and strategic location Call agent to discuss today.

Spaces

Rooms3
Bedrooms3
Bathrooms1
Carports1
Garages (inside)1

Surfaces

Land810 m²
Air conditioning
Balcony
Garage
Parking

12 Mourilyan Road, East Innisfail