Back 9/80 River Avenue
Off Market

9/80 River Avenue

Mighell QLD 4860

3
2
2
118 sq.
118 sq.
Unit
Last sold for $480,000
Zoe WicksZoe Wicks, last sold this property on 05 January 2026 after 0 days on market.

Overview

Attention Investors! Brand-New Stylish Unit with 6.7% ROI – High Depreciation Benefits

The Avenue is Innisfail's newest residential development, built by Allan Sultana Constructions-one of the region's most trusted builders with over 47 years' experience-and proudly developed by the Catalano family. Recently awarded by Master Builders, this boutique complex blends modern living with strong investment potential. Features include: Thoughtfully designed layout with private balcony Fully secure complex with gated entry and remote undercover parking Soaring 2.6m–2.7m ceilings Quality finishes throughout Fibre-to-the-Premises (FTTP) internet Common BBQ entertaining area Investor highlights: Rental appraisal: $620 per week approx. Gross rental yield: 6.7% p.a. approx. Council rates: $4,000 p.a. approx. Strong negative gearing and tax benefits with a high depreciation schedule available Location: Just one hour south of Cairns, Innisfail is a vibrant regional hub with approximately 7,000 residents. Known for its strong agricultural industry, riverside town centre, and stunning art deco architecture, Innisfail is a sought-after destination for both lifestyle and investment. This is an outstanding opportunity to secure a brand-new, high-yield property with excellent rental return and substantial tax write-off benefits.

Features

3 bedrooms
2 bathrooms
2 carspaces
118 sq. floor area
118 sq. lot size
Unit

Estimated Value

We need at least 3 similar 3 bedroom units sold in Mighell over the last 12 months.

Property history for 9/80 River Avenue

2026
Sold
$480,000
Private Sale/Treaty on 05 Jan 2026 by Zoe Wicks, of Twomey Schriber Property Group

Happy sellers in Mighell

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Local market activity for 3 bedroom units in Mighell

In the last 12 months, 1 three-bedroom unit similar to 9/80 River Avenue, have been sold.

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