Welcome to Innisfail's newest residential development 'The Avenue' located at 80 River Avenue, Mighell. The Avenue is an exciting and modern unit complex consisting of 22 two- and three-bedroom units. Please enquire to receive more information and all unit floor plans. - Thoughtfully designed, each unit has either a private balcony or spacious courtyard - Fully secure complex with remote undercover car parking and gated entry - Quality finishes have been used throughout - Ground and first floor unit options for easy access - Common BBQ entertaining area - 13 units have a storage cage - First home buyers can benefit from the $30,000 First Homeowners Grant - Ideal for owner occupiers who like to potter in the garden and have a small pet - A secure property for investors with strong rental returns of 8.8% gross pa approx from a Corporate Tenant 3 year lease + 3 year option, plus the benefits of property depreciation - Furniture packages available The Avenue is a development by local family "The Catalano Group" who have partnered with one of Innisfail's most leading and trusted building companies "Allan Sultana Constructions". Established in 2001, Allan Sultana has been working in the local area for over 47 years. Rental Appraisal: $430-$475 per week approx. Council Rates: $4,000 per annum approx. Expected completion date November 2024. Innisfail is situated just 1 hours' drive south of Cairns. This regional town has a population of approx. 7000, and is known for its agricultural industries, predominantly banana and sugar cane. The town centre is situated at the junction of the Johnstone River and South Johnstone River, and approx. 5km from the coast. Innisfail is considered one of the best Australian towns for art deco and streamline modern architecture. All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.