57 Rankin Street, Innisfail

Offices - Professional Offices

Land Size: 631 m2
Building Size: 1245 m2

Offers Over $595,000

Amazing Opportunity!

Invest in yourself. This exceptional commercial property is ready for the taking and represents a rare opportunity for the astute investor. Perfect for multiple office setups, co-working spaces, combined leasing, or even as a corporate headquarters, the potential here is enormous.

Size does matter – set on approximately 631sqm of land*, this solid, multi-level building offers an impressive total floor area of around 1,200sqm* across three levels.

First Floor – Approx. 525 sqm*

Previously home to the town library, medical overflow facilities and more, this level features a flexible layout with male and female ablutions, multiple kitchens, a cleaner's room, and ample storage. Ideal for multi-tenancy, co-working, or professional office use.

Middle Level – Approx. 570sqm*

Currently used for storage, this floor is a blank canvas brimming with potential. With its original timber features (impossible to source today), this space could transform into a stunning industrial-style office area. It offers optional separate access from Grace Street, with excellent natural light and ventilation.

Lower Level – Approx. 150sqm*

Previously used for storage and, historically, as a bottle shop connected to the old pub (before the Imperial Tavern), this area includes vehicle access from Grace Street. There's scope to redevelop this level into off-street parking or additional tenancies (subject to council approval).

Boasting a prime, high-traffic location with thousands of cars passing daily, the property sits within walking distance of the Catholic Church, riverfront walking paths, Good Counsel College, and is neighboured by The Imperial Tavern, medical facilities, and other key businesses.

Comparable multi-tenanted commercial buildings — many smaller than this — have recently sold well into the millions. Priced to allow for any future capital works or fit-outs, this property presents an outstanding opportunity to start generating serious returns.

All information provided is approximate and offered in good faith. Buyers are encouraged to conduct their own due diligence. Any potential future uses mentioned are subject to council approval (if required).