OFF MARKET

51 Simpson Street
Mount Isa City QLD 4825

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 562m2
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Property Details for 51 Simpson St, Mount Isa City

51 Simpson St, Mount Isa City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 562m2.

Building Type
Unit
Land Size
562m2
Local Government
Mount Isa
Lot/Plan
2/SP265810

Last Listing description (October 2015)

A brilliant opportunity to invest in Mount Isa. 8 near new quality energy efficient units are for sale. All 2 bed, 1 bath, 2 toilet units were rented within 2 weeks of advertising! Modern and popular in a fantastic location walking distance to town these low maintenance units are fitted with quality energy efficient appliances and fittings. Currently rented on 6 month leases returning $450/week, there is an opportunity to increase the rent and increase your return! Opportunity to invest in one or purchase all 8! Massive price reduction to purchase all for $2.8million- that's $100,000 off!!
Each unit features large carpeted bedrooms with built-ins, splits and blinds. Tiled open living spaces and kitchen fitted with energy efficient fixtures and appliances. Stylish and simple colour palette throughout the fully air conditioned units. The bathrooms are beautiful, some with spa plus shower and some with showers, all have an extra separate toilet. Designed by Greenway Architects for the harsh Queensland conditions you will be impressed by the clever positioning of windows to promote cross ventilation, security screens and blinds and hot water to all units by super energy efficient Heat Pumps.
8 x 2 bedroom, 1 bathroom, 2 toilets PLUS undercover parking for each unit.

Designer Brand New Units with private courtyard/patio
6 units rented within 2 weeks of advertising - Currently returning 6.68%
Excellent Location 500m from centre of town, close to schools, walking distance to Kmart & The Buffs
Currently renting at $450/week, very low vacancy factor
The complete building has a 6 star energy efficiency rating!
Environmentally friendly, low maintenance buildings.
Rare Opportunity - Excellent time to invest!
Depreciation available for investors.
Opportunity to invest in one unit or all 8!
Opportunity to strata title
Take advantage of this huge price reduction. Priced to sell at $2.8 million.
Call Bronwyn on 0448 013974 for more details
Property Code: 765

Property History for 51 Simpson St, Mount Isa City, QLD 4825

A timeline of how this property has performed in the market
Listed for Rent
27 Jul 2015
  • 31 Jul 2015
    Listed for Sale $2,800,000 neg
  • 27 Jul 2015
    Listed for Rent - Price not available
  • 15 May 2015
    Listed for Sale $2,800,000 neg

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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.

Suburb Insights for Mount Isa City 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.