Real Estate

fnq home on cassowary coast sold for price of a new ute

Written by The ReReport

A TWO-bedroom cottage less than five minutes from Etty Bay has sold for the price of a new ute.
At $50,000, 32 Mill St in Mourilyan is unarguably the best property bargain in the Far North this month.
LJ Hooker agent David Hall, who sold the property, said it was snapped up in less than a month, a record for the sluggish Innisfail property market.

32 Mill St, Mourilyan

The lowset post war home with dual street access on 506 sqm was schedule to go to auction with two East Innisfail properties, at 34 Fitzgerald St and 9 Bunda St.
However, the auction was cancelled when two sold prior to the event.
“We had maybe three open homes before the auction and the two properties sold beforehand,” Mr Hall said.
“It is still hard to sell in Innisfail but you’ve got to give it a red hot go.
“The house is an investment property for the new owners. They knew the tenant and were happy to buy it to keep them there.”
Mr Hall said there were few other bargains around the region at that price.
“Even Gateway Resort studios (in Woree) sell for more than that,” he said.
The airconditioned home is currently rented at $175 per week.

22-24 Brindabella Quay, Trinity Park. Cairns.

At the other end of the market, 22-24 Brindabella Quay, Trinity Park, with its $2.65m price tag, was the most expensive property according to Core Logic data for week ending October 16, 2018.
The Cairns Post revealed in August that the home had set a record for the highest sales price in Cairns so far this year.
The contract only settled this month.


SALES (week ending October 16, 2018)

TOP: 22 Brindabella Qy, Trinity Park $2.65m
Sold by FNQ Hot Property

22-24 Brindabella Quay, Trinity Park. Cairns.

MID: 9 McRobbs Cl, Edmonton $275,000
Sold by Professionals Cairns South

9 McRobbs Cl, Edmonton

CHEAPEST: 2/9 Balaclava Rd, Earlville $127,000
Sold by Twomey Schriber Property Group

2/9 Balaclava Rd, Earlville


SALES (week ending October 16, 2018)

TOP: 18 Rankin St, Newell Beach $850,000
Sold by LJ Hooker Port Douglas

18 Rankin St, Newell Beach. PDMG REAL ESTATE LJ HOOKER

MID: 9/32 Mudlo St, Port Douglas $240,000
Sold by LJ Hooker Port Douglas

9/32 Mudlo St, Port Douglas

CHEAPEST: 32 Mill St, Mourilyan $50,000
Sold by LJ Hooker Cairns Edge Hill

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