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
