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9 Fourth Avenue, Mount Isa, QLD 4825, 10 Bedrooms, 4 Bathrooms, Unit

$949,000

9 Fourth Avenue, Mount Isa, QLD 4825

10
4
6
951m2
UnitListed on Tue Feb 20
Price drop

Mount Isa 10 Bedroom With a return like this, why bother with the stress of renovating!

Looking for an investment where all the hard work is done for you?

Well look no further than 9 Fourth Avenue!

This complex of four block construction units are great spaces with decent sized living areas; larger than your typical Mount Isa unit!

Units 1 + 2 are three bedroom units, whilst units 3 + 4 are two bedroom units.

Fully renovated; this complex has been updated from top to toe!

Including:

Full interior and exterior paint.

New flooring being a mix of carpet, laminate floating floors and tiles.

New split system cooling throughout each unit.

Brand NEW Kitchens with stainless electric appliances and breakfast bar in each unit!

Units 1 + 2 have BIR's in two of the bedrooms, and unit 3 + 4 have BIR's in both bedrooms.

All units with updated bathrooms with internal laundries.

And with all the extra finishes and fittings, the list goes on......

The complex is fully surrounded by block fencing.

Unit 1 + 2 have undercover carports accessible via First Avenue.

And units 3 + 4 have carports with secure metal and screen gates accessible via Fourth Avenue.

All units have access to small private courtyards each.

All located on a gracious 951m2 block with limited grass plots so less yard maintenance to be concerned about!

And to make everything even easier, the subdivisions have already been completed. Giving you the option to divide the complex into a duplex, or even re-sell as individual units. The options are absolutely endless!

Location, you couldn't ask for better! Being steps away from the Spinifex High School, less than 1km from the Railway Ave Mount Isa Mine Entrance and less than 1.5km to the CBD (inc hospital), the property is perfectly located to be attractive to tenants from any sector.

Currently earning $97,760 in gross annual returns.

With an ever increasing rental market with low vacancy rates; why bother with the stress of renovating when you can purchase an already updated complex with a current return of 10%

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Spinifex State College - Mount Isa - Junior Campus
0.31 km
Secondary
Prep-12
Government
icsea: 892
Mount Isa Central State School
1.07 km
Primary
Prep-6
Government
icsea: 839
Spinifex State College - Mount Isa - Senior Campus
2.56 km
Secondary
Prep-12
Government
icsea: 892

Property history

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Parkside surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
13 Twenty Second Avenue, Mount Isa
0.64 km
3
1
-m2
Year 2024 Month 12 Day 04
$165,000
Council approved
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0.66 km
3
2
-m2
Year 2024 Month 12 Day 03
-
Council approved
14 Dorothy Street, Mount Isa
0.62 km
4
1
-m2
Year 2024 Month 10 Day 09
$192,500
Council approved
1A Eleventh Avenue, Mount Isa
0.72 km
2
1
809m2
Year 2024 Month 09 Day 18
$215,000
Council approved
12 Dorothy Street, Mount Isa
0.60 km
3
1
-m2
Year 2024 Month 08 Day 12
$160,000
Council approved

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Ref:1P2784Last update:2025-01-23 12:00:40