Property ID: 1P2784

9 Fourth Avenue Mount Isa QLD

  • 10
  • 4
  • 6
  • Block of Units
  • For Sale
  • 951 sqm
  • 6
  • Air Conditioning
  • Close to Schools
  • Close to Shops
With a return like this, why bother with the stress of renovating!
Looking for an investment where all the hard work is done for you?
Well look no further than 9 Fourth Avenue!

This complex of four block construction units are great spaces with decent sized living areas; larger than your typical Mount Isa unit!
Units 1 + 2 are three bedroom units, whilst units 3 + 4 are two bedroom units.

Fully renovated; this complex has been updated from top to toe!
Full interior and exterior paint.
New flooring being a mix of carpet, laminate floating floors and tiles.
New split system cooling throughout each unit.
Brand NEW Kitchens with stainless electric appliances and breakfast bar in each unit!
Units 1 + 2 have BIR's in two of the bedrooms, and unit 3 + 4 have BIR's in both bedrooms.
All units with updated bathrooms with internal laundries.
And with all the extra finishes and fittings, the list goes on......

The complex is fully surrounded by block fencing.
Unit 1 + 2 have undercover carports accessible via First Avenue.
And units 3 + 4 have carports with secure metal and screen gates accessible via Fourth Avenue.
All units have access to small private courtyards each.
All located on a gracious 951m2 block with limited grass plots so less yard maintenance to be concerned about!

And to make everything even easier, the subdivisions have already been completed. Giving you the option to divide the complex into a duplex, or even re-sell as individual units. The options are absolutely endless!

Location, you couldn't ask for better! Being steps away from the Spinifex High School, less than 1km from the Railway Ave Mount Isa Mine Entrance and less than 1.5km to the CBD (inc hospital), the property is perfectly located to be attractive to tenants from any sector.

Currently earning $97,760 in gross annual returns.

With an ever increasing rental market with low vacancy rates; why bother with the stress of renovating when you can purchase an already updated complex with a current return of 10%

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