8 Pelican Street, Innisfail QLD 4860

$99,000

1 beds

1 baths

Huge potential here!

Here is a potential Gold Mine.

Sitting on a level 1067 sqm block with two street frontages and zoned Business Frame, is this rustic 1 bedroom cottage. Do I need to say more?

High set and with plenty of life left in it, this little cottage is ready for a quick restoration and would be lettable to permanent tenants, could be a little weekender cottage or a downsizers permanent home. Don't buy a "Tiny Home" on wheels when you can buy this high set cottage for not much more. The piers are concrete and appear very solid. There is even a second shower downstairs. All of this sitting in a nice quiet street yet only probably under 100 meters to the shops and main road.

Rent the property out after some repairs (wiring is in excellent condition with Three phase available), whilst you explore the real development potential. I can imagine a row of commercial/ small industrial sheds of about 90 sqm each, access from one street and exiting into the other (STCA).

All this needs to be explored but for now you have a cottage requiring little work for under $100 K.

Property Details

• Type: House
• Bedrooms: 1
• Bathrooms: 1