Back 391 Palmerston Highway
Off Market

391 Palmerston Highway

Stoters Hill QLD 4860

4
2
2
0 m²
989 m²
House
Jean LaterreJean Laterre, last sold this property on 03 July 2025 after 41 days on market.

Overview

997 SQM bloc-Exceptional Dual-Level Home with Scenic Views & Investment Potential-$445,000

997 SQM block- Exceptional Dual-Level Home with Scenic Views and Investment Potential-$445,000. Exceptional Dual-Level Home with views -445,000. Positioned in the serene locale of O'Briens Hill, this substantial two-storey brick residence offers a harmonious blend of comfort, functionality, and investment appeal. Occupying a generous 997m² fenced allotment, the property boasts panoramic views of the surrounding mountains and river valleys, providing a tranquil living environment. Key Features: • Spacious Living: The upper level comprises 3 well-appointed bedrooms, main bathroom with separate shower and bathtub, an expansive open-plan living area. Generous windows and doors facilitate abundant natural light and promote cross-ventilation, complemented by ceiling fans and air conditioning for year-round comfort. • The lower level is an open living area, with a 2nd bathroom, toilet and internal laundry. • Functional Design: The residence is constructed with solid brick and industrial-strength support beams, ensuring durability. Legal-height lower level includes a second bathroom, toilet, laundry, and a versatile living space—ideal for dual living arrangements or a home office. Internal and external staircases provide seamless access between levels. • Modern Amenities: The kitchen is equipped with quality timber cabinetry and a dishwasher, catering to contemporary culinary needs. Security screens enhance safety, while balconies offer scenic vistas and outdoor relaxation spaces. • Outdoor Potential: The expansive yard presents opportunities to add a shed, pool, or establish gardens, tailoring the outdoor space to personal preferences. A secure double car garage adds convenience. Location and Accessibility: • Proximity to Amenities: Situated within the Cassowary Coast Council jurisdiction, the property is free from bushfire, flood, or heritage overlays. It falls within the catchment areas of Goondi State School and Innisfail State College, and is merely a 6-minute drive from Innisfail CBD, offering access to medical, educational, recreational, and commercial facilities. • Connectivity: The home is serviced by mains water, power, and sewerage, with reliable NBN Fibre to the Node and 5G mobile coverage, ensuring consistent connectivity. Investment Opportunity: • Tenancy Details: Currently tenanted until October, the property is occupied by reliable tenants of five years, paying $400 per week—a rate reflecting their exemplary tenancy. They are open to continuing the lease or vacating with appropriate notice, offering flexibility to prospective buyers. • Financials: Council rates are approximately $2300 per half-year including water, contributing to the property's affordability and investment appeal with mains water, mains sewerage, and mains power. This property represents a unique opportunity to secure a solidly built, versatile home in a picturesque setting, with the added benefit of immediate rental income. Whether you're seeking a family residence, an investment, or a combination of both, 391 Palmerston Highway offers a compelling proposition. Please note: Images have been virtually furnished to protect tenant privacy and to provide a guide for potential furniture layout and spacing. For further information or to arrange a private inspection, please contact the exclusive agent.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
989 m² lot size
House

Estimated Value

We need at least 3 similar 4 bedroom houses sold in Stoters Hill over the last 12 months.

Property history for 391 Palmerston Highway

2025
Sold
Undisclosed
03 Jul 2025 by Jean Laterre, of @realty - QLD

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