OFF MARKET

7 Gray Street
Mount Isa City QLD 4825

Bedrooms: 10
Bathrooms: 20
Car spaces: 5
Land area: 1012m2
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Property Details for 7 Gray St, Mount Isa City

7 Gray St, Mount Isa City is a 10 bedroom, 20 bathroom House with 5 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in October 2009.

Building Type
House
Land Size
1012m2
Local Government
Mount Isa
Lot/Plan
27/MPH13994

Last Listing description (August 2014)

Astute Investment Opportunity!!
You will certainly be tempted by the recently constructed prime investment opportunity that is 7 Gray Street. This huge and contemporary block of 5 stunning 2bedroom 2 bathroom units is simply impressive. Located within walking distance to town and a highly desirable location and with the potential to strata title this property, you will be very impressed by the proposition of excellent returns.
Each unit has 2 bedrooms, each bedroom with its own en suite. A desirable spacious modern kitchen and dining room high ceilings and split system air conditioned throughout. Every modern feature has been though of. Established gardens, undercover carports and inside laundry top off the package.

- Near New 5 x 2 bedroom units, each bedroom has it own en-suite
- Modern tiled kitchen & dining with high pitched ceiling
- Split system air conditioning & Fully security screened
- Inside laundry separate private yards
- Established lawns & gardens with watering system
- Sealed driveway and undercover parking all situated on 1012m2 Freehold block
- All units leased by the same blue chip company till 2015 at $2900 pw
- Full depreciation schedules in place
- Incredible returns plus the owners will talk strata with the right buyer
Property Code: 34
Additional feature/s - Built-In Wardrobes.

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Property History for 7 Gray St, Mount Isa City, QLD 4825

A timeline of how this property has performed in the market
Last Sold
$240,000
26 Oct 2009
  • 06 Jan 2014
    Listed for Sale 1500000
  • 03 Aug 2013
    Listed for Sale PRICE UPON APPLICATION
  • 26 Oct 2009
    Sold for $240,000

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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 227 properties. Over the last 5 years, Houses in Mount Isa City have seen a 3.29% increase in median value. As at 30 November 2024:

  • The median value for Houses in Mount Isa City is $242,950 while the median value for Units is $193,035.
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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