12 Mourilyan Road East Innisfail QLD 4860
TOWNSHOUSES-$320K/or COMPLEX $1.2m

DESCRIPTION

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.