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95 Spence Street

Mount Isa, QLD 4825, Australia
$365,000
3 bed 2 bath 2 car1004m²

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Area Price Guide
$343,100$386,900

Indicative price guide range

🏘️
89
Comparable
📊
$279,000
Area median
⚖️
+31%
vs median
📐
$364
Per m²
📏
1004 m²
Land
🗓️
Yesterday
Listed

Property Insights

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About this property

This generously sized and well-maintained threebedroom home delivers the perfect balance of comfort, space, and practicality, ideal for families or investors seeking a proven, income-producing asset in a high-demand rental market. Currently tenanted at $510 per week, this property offers immediate income from day one, making it a compelling "set-and-forget" investment with strong ongoing demand in Mount Isa. Inside, the home features three spacious bedrooms plus a separate study, providing flexibility for a home office, hobby room, or additional living space. The renovated main bathroom is complemented by a second bathroom adjoining the large internal laundry, enhancing everyday functionality and tenant appeal. The tidy, well-positioned kitchen overlooks a light-filled lounge and living area, creating a welcoming central hub for relaxed living and easy entertaining. Split system air conditioning throughout ensures year-round comfort, while abundant natural light enhances the home's warm and inviting feel. Set on a generous block, the outdoor features further strengthen the property's appeal. Enjoy beautifully maintained irrigated lawns and gardens, secure off-street parking with an electric sliding gate, and a covered rear patio ideal for outdoor entertainment. An inground pool (currently not operational) presents a clear value-add opportunity restore to enhance lifestyle appeal and rental return, or redesign to suit your strategy and maximize value. Investor highlights: - Currently returning $510 per week immediate income stream - Strong rental demand in Mount Isa - Low-maintenance layout suited to long-term tenancy - Large land holding with future upside potential - Value-add opportunity through pool restoration or upgrades Positioned in a quiet, established pocket of The Gap just minutes from town, this is a property packed with potential and ready for its next chapter whether you're looking to invest, landbank, or move in down the track. Contact City & Country Realty today to arrange your inspection of 95 Spence Street. Kieran Tully 0416 177 001 Rachael Wilson 0467 076 756 Property Code: 5908

Property Features

    View full listing on Domain

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    Repayment calculator

    $1,770/month
    $885 /fortnight
    Loan $292,000 at 6.10% over 30 years

    Upfront costs

    Deposit$73,000
    Stamp duty$11,200
    Conveyancing (est.)$2,000
    Total upfront$86,200
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    2
    Parking
    2
    Land Area
    1004m²
    Listed
    Yesterday

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