6/7 Skewes Street
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About this property
An exceptional opportunity to secure a high-performing, low-maintenance investment in one of Mount Isa's most consistently strong rental pockets. Built in 2014, this modern lowset unit is currently leased to a multinational corporation on a long-term agreement until June 2027, returning $510 per week - representing an impressive 8.86% gross yield. Positioned in a well-maintained complex of just six units, this property offers investors immediate income security with minimal ongoing upkeep. Internally, the property features a spacious open-plan living and dining area with split system air conditioning throughout, ensuring tenant comfort year-round. The modern kitchen is equipped with gas cooking, ample storage, quality appliances, rangehood and dishwasher. There are three well-sized bedrooms, all with built-in robes, ceiling fans and soft carpet. The master includes a private ensuite, while the main bathroom offers a bath, glass screened shower and separate toilet. Outside, the fully fenced yard and covered entertaining area provide additional lifestyle appeal, while the single lock-up garage includes an internal laundry for added practicality. Investment Highlights: - Leased to multinational corporation - Secure tenancy until June 2027 - $510 per week rental return - 8.84% gross yield - Built in 2014 - Low maintenance construction - Fully air conditioned - Small complex of six - Fully fenced yard With strong corporate demand continuing across Mount Isa, opportunities offering this level of yield and lease security are tightly held. Contact Tanja Schlegel on 0477 795 110 or Sam Hossain on 0432 462 869 from Jays Real Estate today to arrange your inspection.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 362 m²
- Listed
- 4 weeks ago
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Neighbourhood
Living in Mount Isa
This 3-bedroom house in Mount Isa, QLD 4825 sits within reach of local shops and nearby schools. It is listed 3% above the $297,000 median of 64 comparable houseswithin 5 km.
Schools near Mount Isa
- Mount Isa Central State Schoolprimary · Prep-6 · CoEd
- St Kieran's Catholic Schoolprimary · Prep-6 · CoEd
- Good Shepherd Catholic Collegesecondary · 7-12 · CoEd
What's nearby
- Harvey Norman — 2.8 km away
- Lions Park — 767 m away
- Unnamed — 1.2 km away
- Unnamed — 1.2 km away
Mount Isa at a glance
Full suburb profile- Population
- 172
- Median age
- 35
- Household income
- $4,727/wk
- Median rent
- $175/wk
- Median mortgage
- $1,250/mo
Source: ABS Census.
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