5/7 Skewes Street, Mount Isa QLD 4825

AUD 299,000
For Sale

Property Details

Bedrooms

3

Bathrooms

2

Property Type

House

Description

Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 2

Description: 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 January 2027, returning $530 per week - representing an impressive 9.24% 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 January 2027 - $530 per week rental return - 9.24% 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 Kerryn Barnes from Jays Real Estate on 0498 187 908 today to arrange your inspection.

Location

Address

5/7 Skewes Street, Mount Isa QLD 4825

City

Mount Isa

Features and Finishes

None

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