OFF MARKET

2/40 George Street
Menzies QLD 4825

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 101m2
Land area: 401m2
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Last updated 11 Nov 2024
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Property Details for 2/40 George St, Menzies

2/40 George St, Menzies is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 401m2 and floor size of 101m2.

Building Type
House
Year Built
2006
Floor Size
101m2
Land Size
401m2
Local Government
Mount Isa

Last Listing description (June 2023)

This fantastic solidly constructed duplex, comprising two x three bedroom units is one not to miss. With both units bringing in just over $36,000 this is one easy care investment.
With quality finishes throughout; both units boast modern stylish kitchens with loads of cupboard space, including a corner pantry, wall oven and dishwasher. The tiled bathrooms are of a timeless style with shower, separate bath and separate toilets. The units both offer built in robes and ceiling fans to bedrooms, split system cooling throughout; and each has its own fenced front yard with access to this space from glass sliding doors to allow your tenants great flow for entertaining.
In addition, each unit has an internal tiled laundry with built in storage a lock up carport and security screens for peace of mind.

With excellent tenants this is one investment not to miss.

Property History for 2/40 George St, Menzies, QLD 4825

A timeline of how this property has performed in the market
Listed for Rent
$370/w
06 Apr 2023
  • 14 Feb 2023
    Listed for Sale $440,000
  • 10 Feb 2023
    Listed for Rent $370 / week
  • 12 Oct 2018
    Listed for Sale $269,000
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About Menzies 4825

The size of Menzies is approximately 1 square kilometres. It has 2 parks covering nearly 37.5% of total area. The population of Menzies in 2011 was 965 people. By 2016 the population was 987 showing a population growth of 2.3% in the area during that time. The predominant age group in Menzies is 20-29 years. Households in Menzies are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Menzies work in a trades occupation. In 2011, 36.6% of the homes in Menzies were owner-occupied compared with 34.3% in 2016.

Menzies has 566 properties. Over the last 5 years, Houses in Menzies have seen a 17.74% increase in median value, while Units have seen a -26.05% decrease. As at 31 October 2024:

  • The median value for Houses in Menzies is $240,887 while the median value for Units is $248,897.
  • Houses have a median rent of $410 while Units have a median rent of $295.
There are currently 2 properties listed for sale, and no properties listed for rent in Menzies on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Menzies.

Suburb Insights for Menzies 4825

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.