OFF MARKET

42 Simpson Street
Mount Isa City QLD 4825

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 961m2
Land area: 2024m2
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Property Details for 42 Simpson St, Mount Isa City

Building Type
Commercial
Floor Size
961m2
Land Size
2024m2
Local Government
Mount Isa
Lot/Plan
2/SP147779

Last Listing description (September 2021)

+ Anchor lease to Commonwealth Government National Indigenous Australians Agency
+ Single level property purpose built for current tenant NIAA
+ Renewed 3 year lease to long standing Federal Member for Kennedy Bob Katter

+ Renewed 1 year lease to consulting engineering firm Osborne Lane
+ Substantial land holding - 2,024sqm in the heart of Mount Isa CBD
+ Prime corner allotment at the intersection of Simpson St and the Barkly Highway
+ Additional 140sqm warehouse / shed at rear of property value add opportunity
+ Mount Isa a vibrant and modern mining city, the second largest inland city in QLD
+ Net income Approx. $225,322 pa + GST

For Sale by Private Treaty

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Property History for 42 Simpson St, Mount Isa City, QLD 4825

A timeline of how this property has performed in the market
Last Transferred
$1,132,725
06 Mar 2017
Listed for Rent
09 Dec 2015
  • 27 Apr 2021
    Listed for Sale $2,450,000
  • 06 Mar 2017
    Transferred for $1,132,725
  • 13 May 2015
    Listed for Sale Offers To Purchase
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About Mount Isa City 4825

The size of Mount Isa City is approximately 0.5 square kilometres. The population of Mount Isa City in 2011 was 217 people. By 2016 the population was 89 showing a population decline of 59.0% in the area during that time. The predominant age group in Mount Isa City is 20-29 years. Households in Mount Isa City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Isa City work in a professional occupation. In 2011, 31% of the homes in Mount Isa City were owner-occupied compared with 32.4% in 2016..

Mount Isa City has 226 properties. Over the last 5 years, Houses in Mount Isa City have seen a 11.60% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mount Isa City is $225,827 while the median value for Units is $193,514.
There are currently no properties listed for sale, and 1 property listed for rent in Mount isa city on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Mount isa city.

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