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95 Spence St

The Gap QLD 4825

3
2
2
1004 m²
House
Currently for sale - view listing

Overview

A Family Favourite with Space Inside & Out – Strong Investment Appeal

This generously sized and well-maintained three‑bedroom home delivers the perfect balance of comfort, space, and practicality, ideal for families or investors seeking a proven, income-producing asset in a high-demand rental market. Currently tenanted at $510 per week, this property offers immediate income from day one, making it a compelling “set-and-forget” investment with strong ongoing demand in Mount Isa. Inside, the home features three spacious bedrooms plus a separate study, providing flexibility for a home office, hobby room, or additional living space. The renovated main bathroom is complemented by a second bathroom adjoining the large internal laundry, enhancing everyday functionality and tenant appeal. The tidy, well-positioned kitchen overlooks a light-filled lounge and living area, creating a welcoming central hub for relaxed living and easy entertaining. Split system air conditioning throughout ensures year-round comfort, while abundant natural light enhances the home’s warm and inviting feel. Set on a generous block, the outdoor features further strengthen the property’s appeal. Enjoy beautifully maintained irrigated lawns and gardens, secure off-street parking with an electric sliding gate, and a covered rear patio ideal for outdoor entertainment. An inground pool (currently not operational) presents a clear value-add opportunity restore to enhance lifestyle appeal and rental return, or redesign to suit your strategy and maximize value. Investor highlights: - Currently returning $510 per week – immediate income stream - Strong rental demand in Mount Isa - Low-maintenance layout suited to long-term tenancy - Large land holding with future upside potential - Value-add opportunity through pool restoration or upgrades Positioned in a quiet, established pocket of The Gap just minutes from town, this is a property packed with potential and ready for its next chapter whether you’re looking to invest, landbank, or move in down the track. Contact City & Country Realty today to arrange your inspection of 95 Spence Street. Kieran Tully – 0416 177 001 Rachael Wilson – 0467 076 756 Property Code: 5908

Features

3 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
1004 m² lot size
House

Property history for 95 Spence St

2025
Rented
Undisclosed
Leased on 23 Oct 2025 by City and Country Realty
2017
Sold
$265,000
05 Apr 2017 by John Tully, of City and Country Realty

Happy sellers in The Gap

80%
80% of sellers in The Gap reported that their sale price either exceeded or met their price expectations.

The Gap stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in The Gap over the last 12 months.

Local market activity for 3 bedroom houses in The Gap

In the last 12 months, 3 three-bedroom houses similar to 95 Spence St, have been sold.

This represents a 40% increase in three-bedroom houses sales when compared to the previous 12 months.

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