1 & 2/27 George Street, The Gap, QLD, 4825

SoldApr 12, 2026

1 & 2/27 George Street, The Gap, QLD, 4825

$309,777

809 m²

Unit

•

30+ days on the market

Sold: Apr 12, 2026

What's around 1 & 2/27 George Street

Exceptional Dual-Unit Investment Opportunity – 27 George Street, The Gap QLD

Presenting an outstanding investment property featuring two separate 2-bedroom units on one freehold title – a high-yield opportunity for savvy investors. Both units have been thoughtfully renovated to maximise rental return, providing low-maintenance income from day one: - One unit has been recently updated, and the second was renovated at the end of 2025, including new flooring, fresh internal paint, plus external and roof painting. - All major maintenance and repair works have been completed, offering a true turnkey investment with no immediate capital outlay required. Currently generating $665 per week in combined rental income, this represents an impressive ~11% return on investment based on the asking price of $309,000 – an exceptional yield for the area. The property is leased to stable, ongoing tenants who wish to remain, providing continuity of income and minimal vacancy risk. Professionally managed by the expert team at City and Country Realty, this property delivers a genuinely hands-off, passive income stream with minimal risk. Additional highlights include: - Large, fully fenced backyards – ideal for pets and appealing to renters - Generous outdoor space rarely found in comparable investment properties - Well-maintained improvements throughout for peace of mind With all major works completed and strong rental demand in place, this is a genuine set-and-forget investment. An incoming owner can simply enjoy reliable cash flow from settlement. This is a rare opportunity to secure a dual-income property with exceptional yield in a proven rental market. Don’t miss this opportunity—contact City & Country Realty today! Kieran Tully 0416 177 001or Rachael Wilson 0467 076 756 Property Code: 5744

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Seller's review

about 1 month ago

Verified Review

Exceptional service in every way. Highly recommended!

If there is a better agent to help you buy, renovate, sell and manage property in Mount Isa I haven’t come across them. Kieran and Jordan are undoubtedly experts at their business and we’ll definitely be doing more work with them in future. These guys are down to earth, incredibly reasonable, affordable and provide a five star service. HIGHLY recommended to investors interstate and anyone else looking to invest in property. The most impressive part of their work was the property management. Jordan is brilliant, responsive, down to earth and a bloody good property manager. I wish she could manage all of my properties!

Tim

Seller