54 Fitzgerald Esplanade, the original heartbeat of Innisfail—literally!
First National Real Estate Innisfail presents this exceptional multi-use property located on the picturesque Fitzgerald Esplanade, offering sweeping river views, solid infrastructure, and outstanding investment potential.
The original ambulance station, this building will have a connection to so many, those that served and those who were saved.
Positioned in a highly visible, central location, this two-story building is a standout opportunity for savvy investors seeking security, diversity, versatility, and long-term growth.
Offering an enticing opportunity to transform the upper level, which was once the superintendent's office and living quarters, into a luxury residential apartment or even 2 comfortable units for the more adventurous renovation (STCA), all while being supported by a commercial tenancy currently returning $55,000/year exc GST.
Property Highlights:
Downstairs—Existing commercial tenancy in place
Fully leased ground floor with a reliable commercial tenant
Features include a welcoming public foyer, multiple private office spaces, a staff kitchen, and a separate meeting room.
Drive-through vehicle access and secure 4-bay garage at the rear
Immediate rental income stream in place
Upstairs—potential spacious residential living
Option to renovate the existing floor plan for an expansive, 3 or 4-bedroom unit with large rear deck and panoramic river views
Potential for full transformation – scope to renovate and divide into two self-contained 2-bedroom units
Required changes may be subject to council approval requirements.
Structurally sound – a blank canvas with enormous potential for added value
Investment Appeal:
Secure dual-income potential from commercial and residential tenancies if you chose to go that way
Ideal for investors looking to renovate, occupy, or lease the upper level
Prime CBD location with proximity to cafes, shops, and the stunning Johnstone River
Rare opportunity to own a versatile asset in a tightly held esplanade position
Whether you're looking to expand your portfolio or secure a strategically positioned freehold property with immediate returns and future upside, 54 Fitzgerald Esplanade is not to be missed.
Contact First National Real Estate Innisfail today to arrange your private inspection and take the first step toward securing this outstanding investment.
Phone: 0417760500
Email: director@ifnre.com.au
