OFF MARKET

6 Hilary Street
The Gap QLD 4825

Bedrooms: 9
Bathrooms: 6
Car spaces: 6
Land area: 478m2
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Property Details for 6 Hilary St, The Gap

6 Hilary St, The Gap is a 9 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 478m2.

Building Type
Unit
Land Size
478m2
Local Government
Mount Isa
Lot/Plan
2/SP255106

Last Listing description (September 2023)

This well located, and solidly constructed, set of six units (three x 2 bedrooms, and three x 1 bedrooms) bringing in $78,000 per annum on current rents could be the investment you've been searching for.
With each unit boasting split system cooling throughout all living areas and bedrooms, easy care tiled flooring throughout and modular kitchens complete with electric ovens, glass hotplates and rangehoods, you will have happy tenants here.

The one bedroom units are located in the first building to the front of the block, and each offer all the great features above, plus good sized bedrooms and neat tiled bathrooms which also incorporate a laundry space, glass screened showers, vanities and toilets. The two bedroom units are located in the second building with the bathrooms featuring the same fit out as the one bedroom units, but with separate toilets, and all three offer rear courtyard areas housing the external undercover laundries.

All six units have security screens to windows and doors, electric hot water systems and off street parking and some units also offer built in robes and others lockable external storage rooms.

Situated on an approx. 1,337m2 block, only minutes walk to the CBD, these excellent units have also been strata titled by the current owners, offering you maximum flexibility for your future plans.

Give the Matter Property team a call to book your viewing.

Property History for 6 Hilary St, The Gap, QLD 4825

A timeline of how this property has performed in the market
  • 12 Jan 2023
    Listed for Sale $670,000
  • 13 May 2016
    Listed for Sale $150,000 each

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About The Gap 4825

The size of The Gap is approximately 0.7 square kilometres. It has 3 parks covering nearly 21.3% of total area. The population of The Gap in 2011 was 801 people. By 2016 the population was 824 showing a population growth of 2.9% in the area during that time. The predominant age group in The Gap is 20-29 years. Households in The Gap are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Gap work in a trades occupation. In 2011, 37.7% of the homes in The Gap were owner-occupied compared with 38.4% in 2016.

The Gap has 556 properties. Over the last 5 years, Houses in The Gap have seen a 23.56% increase in median value, while Units have seen a -24.20% decrease. As at 31 October 2024:

  • The median value for Houses in The Gap is $239,671 while the median value for Units is $255,297.
  • Houses have a median rent of $450 while Units have a median rent of $295.
There are currently 1 property listed for sale, and no properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in The gap.

Suburb Insights for The Gap 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.