$390,000

6 Bed  •  4 Bath  •  0 Car  •  1156m²

Main view of Homely block of units listing, 132 Simpson Street, Mount Isa QLD 4825
Second view of Homely block of units listing, 132 Simpson Street, Mount Isa QLD 4825
Third view of Homely block of units listing, 132 Simpson Street, Mount Isa QLD 4825
+7

Sold

132 Simpson Street, Mount Isa QLD 4825

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$390,000

  • 6
  • 4
  • 0
  • 1156m²

Block of Units Sold on Wed 23 Apr, 2025

What's around Simpson Street

Block of Units description

“Prime Location | 4-Unit Complex | 12% Gross Return”

A fantastic investment for savvy buyers looking to maximize rental income and add value! This block construction complex is already generating $49,920 per year in gross rental returns, with huge potential for upgrades and increased profitability.

Property Features:

4 Well-Designed Units
- Units 1 & 2: Spacious 1-bedroom layouts
- Units 3 & 4: Comfortable 2-bedroom designs

Functional Layouts
- Open-plan living and kitchen areas in Units 1-3.
- Unit 4 offers a unique separate kitchen design.

Split System Cooling
- Units 1 & 4 are fully air-conditioned throughout.
- Units 2 & 3 with split-system cooling in lounge.

Future Potential
- Security screens installed on all doors, with potential to upgrade window security.
- Large shared yard with the option to create private courtyards.
- Open-air concrete parking, with room for covered car parking upgrades.

Why Invest?

- Great Rental Yield – Strong income stream with further rental growth potential
- Unbeatable Location – Centrally located across from the race club & Buchannan Park, within walking distance to the Isa CBD

Don't miss this chance to secure a solid investment with exceptional potential!


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.

Property features

airConditioning

Air Conditioning

Land details

Area: 1156m²
Fourth view of Homely block of units listing, 132 Simpson Street, Mount Isa QLD 4825View more
Fifth view of Homely block of units listing, 132 Simpson Street, Mount Isa QLD 4825View more

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132 Simpson Street, Mount Isa QLD 4825
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