Whether you're looking to expand your investment portfolio or secure a low-maintenance property with immediate returns, 5 Isabel Street presents an outstanding opportunity.
Positioned on a generous 943m² fully fenced allotment, this solid block home is set back from the street, providing added privacy and an expansive front yard. The property offers three spacious bedrooms, all with built-in wardrobes, while the master bedroom features a private ensuite.
Designed for comfortable living in the Mount Isa climate, the home features split system air conditioning, ceiling fans throughout, and cool ceramic tiled flooring for easy-care living. The well-appointed kitchen is equipped with electric cooking appliances, a dishwasher, and ample storage, making everyday living a breeze. The home also boasts a spacious main bathroom complete with a large bathtub, perfect for families or those who appreciate extra comfort.
A large tiled entertaining area provides the perfect space to relax or host family and friends. The fully concreted rear yard has been thoughtfully designed for practicality and low maintenance, featuring an enclosed external laundry with additional storage, a second shaded outdoor entertaining area beneath a shade sail, and a separate hobby shed ideal for storage, a workshop, or weekend projects.
Investment Highlights:
- Secure Government tenancy in place until July 2027
- Currently leased at $620 per week
- Government tenant in residence since 2018.
- Proven history of reliable tenancy and consistent income for over 15 years.
- Approximate 8.6% gross rental return.
- Solid block construction and tiled floors throughout, providing a durable, low-maintenance investment.
Properties offering long-term Government security, strong returns, and solid construction are becoming increasingly difficult to find. This is a genuine set-and-forget investment with an established track record of performance.
Disclaimer: 4825 Realty has taken reasonable steps to ensure the accuracy of this advertisement. However, as much of the information has been provided by third parties, we accept no responsibility and disclaim all liability for any errors, omissions, or inaccuracies. Prospective purchasers should conduct their own enquiries, inspections, and seek independent legal advice.
