10 Charles St

Innisfail QLD 4860

1012 m²

House

Last sold for $230,000

Michael Skuse, last sold this property on 29 June 2025 after 47 days on market.

Overview

Centrally located Duplex

Sitting on 1012 sqm in a central location just two blocks from the CBD. These two 2-bedroom residences are both leased to long-term tenants. Both tenants pay $290 per week, equating to a gross annual income of $30160 and a gross return at purchase price of 12%. Rates are $6800. The property is in a flood zone, but is highest, so only the carport area, laundry, and yard will get water in the event of a flood tenants will be high and dry, and in most cases, the water will be gone overnight. There is a little bit of work to do on one of the bathrooms as there has been a leaking shower base, but other than that, it looks pretty robust. This is a bargain price and will suit a real estate investor who is prepared to do a little bit of work and reap the returns. These opportunities do not come along very often, so don't delay. Regards,

Features

2 bedrooms

1 bathroom

2 carspaces

2 garage spaces

1012 m² lot size

House

Estimated Value

We need at least 3 similar 2 bedroom houses sold in Innisfail over the last 12 months.

Property history for 10 Charles St

2025

Sold

$230,000

29 Jun 2025 by Michael Skuse, of Raine & Horne Innisfail

Happy sellers in Innisfail

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