$465,000 & $490,000
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80 River Avenue, Mighell QLD 4860

Apartment
321
Block size: 2543 m² approx.

'The Avenue' Innisfail's newest residential development

Welcome to Innisfail's newest residential development 'The Avenue' located at 80 River Avenue, Mighell. The Avenue is an exciting and modern unit complex consisting of 22 two- and three-bedroom units.

Please enquire to receive more information and all unit floor plans.

- Thoughtfully designed, each unit has either a private balcony or spacious courtyard
- Fully secure complex with remote undercover car parking and gated entry
- Quality finishes have been used throughout
- Ground and first floor unit options for easy access
- Common BBQ entertaining area
- 13 units have a storage cage
- First home buyers can benefit from the $30,000 First Homeowners Grant
- Ideal for owner occupiers who like to potter in the garden and have a small pet
- A secure property for investors with strong rental returns of 7.2% gross pa approx from a Corporate Tenant 3 year lease + 3 year option, plus the benefits of property depreciation
- Furniture packages available

The Avenue is a development by local family "The Catalano Group" who have partnered with one of Innisfail's most leading and trusted building companies "Allan Sultana Constructions". Established in 2001, Allan Sultana has been working in the local area for over 47 years.

Rental Appraisal: $550 per week approx.
Council Rates: $4,000 per annum approx.

Expected completion date November 2024.

Innisfail is situated just 1 hours' drive south of Cairns. This regional town has a population of approx. 7000, and is known for its agricultural industries, predominantly banana and sugar cane. The town centre is situated at the junction of the Johnstone River and South Johnstone River, and approx. 5km from the coast. Innisfail is considered one of the best Australian towns for art deco and streamline moderne architecture.

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Features include: Air Conditioning,Built-In Wardrobes,Pets Allowed,Ensuite,Security Access,Window Treatments

Inspections

No open inspections scheduled.

Send an enquiry

Contact Zoe Wicks to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
2
Garage Spaces:
1
Property type:
Apartment
Block Size:
2543 *

Other Details

Lot:
2
Plan Type:
RP
Plan:
731314
Legal description:
2/RP731314
Twomey Schriber Property Group

Maps and area information

Block information
Block size: 2543 (approx)
Legal description: 2/RP731314
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history

We couldn't find any history for this property.
See Mighell's suburb profile

Mighell suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
363
Listing ID: 182178032. This listing has been viewed 5 times. It was first displayed on 20/12/2023 and last updated on 22/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.