OFF MARKET

77 Simpson Street
Mount Isa QLD 4825

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
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Property Details for 77 Simpson St, Mount Isa

77 Simpson St, Mount Isa is a 6 bedroom, 4 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Mount Isa

Last Listing description (May 2019)

Looking to invest in quality? Look no further than these beautiful units at 77 Simpson Street. Four excellent brand new units with quality government tenants, now leased until mid 2016. Complete with 2x 1 year options, are available to purchase for a solid 7.5% investment return. Purchase one or all four!
Low maintenance brand new buildings, under original warranty and built by quality local builder.
2 x 2 bedroom & 2 x 3 bedroom units, all with 2 bathrooms

All leased to quality QLD Government tenants
Brand new units leased until mid 2016 plus 2x 1 year options currently returning 7.5%.
Ideal for depreciation schedules and tax benefits.
Large kitchen/open plan living, finished perfectly with quality fittings
Private courtyard, covered carport, splits throughout.
Be quick these clever investments will not last!
Please call John Tully 0429 029 289 today to inspect
Property Code: 1237

Property History for 77 Simpson St, Mount Isa, QLD 4825

A timeline of how this property has performed in the market
  • 26 Jul 2017
    Listed for Sale $385,000 EACH

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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 387 properties. Over the last 5 years, Houses in Mount Isa have seen a 31.28% increase in median value. As at 30 November 2024:

  • The median value for Houses in Mount Isa is $294,403 while the median value for Units is $350,048.
  • Units have a median rent of $290.
There are currently 67 properties listed for sale, and 40 properties listed for rent in Mount isa on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Mount isa.

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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.