FOR SALE
OFFERS INVITED $420,000

3 Thirteenth Avenue
Mount Isa QLD 4825

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 1004m2
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CASH COW! 8.1% GROSS RETURN!!

Great opportunity for the investor or extended family, with three dwellings on one block. Combined current rent is $660/w, and opportunity to add value!
Building 1 facing Thirtheen Ave
- Weatherboard "duplex" setup, 2x 1 bed, 1 bath units with carports. Each currently rented at $200/w
Building 2 facing Second Ave
- Concrete 3 bedroom, 1 bathroom house, front yard parking. Currently rented at $260/w
Air conditioned with a mix of evaporative coolers & modern window A/Cs.
Individual power meters, shared water.
Some other updated have been done, with plenty of further scope to improve.
Potential to strata title to resell individually or add another dwelling (Subject to council consent)
Call Joe Farr to find out more about the great opportunity.
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Property Details for 3 Thirteenth Ave, Mount Isa

3 Thirteenth Ave, Mount Isa is a 5 bedroom, 3 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 1004m2. The place is currently for sale with Farr Partners PTY LTD - RUNAWAY BAY.

Building Type
BlockOfUnits
Land Size
1004m2

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About Mount Isa 4825

The size of Mount Isa is approximately 6,963.6 square kilometres. It has 8 parks covering nearly 1.2% of total area. The population of Mount Isa in 2011 was 703 people. By 2016 the population was 138 showing a population decline of 80.4% in the area during that time. The predominant age group in Mount Isa is 50-59 years. Households in Mount Isa are primarily couples with children and are likely to be repaying not stated per month on mortgage repayments. In general, people in Mount Isa work in a managers occupation. In 2011, 33.1% of the homes in Mount Isa were owner-occupied compared with 15.4% in 2016..

Mount Isa has 411 properties. Over the last 5 years, Houses in Mount Isa have seen a 19.09% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mount Isa is $278,175 while the median value for Units is $235,734.
  • Units have a median rent of $290.
There are currently 77 properties listed for sale, and 53 properties listed for rent in Mount isa on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Mount isa.

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Joe Farr
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Farr Partners PTY LTD - RUNAWAY BAY
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