For Sale

151 Camooweal Street, Menzies, Qld 4825

$648, 000 neg

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

1,012 m²

Area

Published on Saturday, March 07, 2026 ( See property details for 151 Camooweal Street, Menzies, Qld 4825)

$648, 000 neg

Shannon Jeschke Property Manager / Sales Agent & Business Development Manager

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Leesa Fanti Principal/Sales Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A high-yield, fully tenanted 9-bedroom investment property in Mount Isa offering stress-free ownership and exceptional returns.

🏡 Property Highlights

Exceptional 12.3% ROI with a long-term tenant in place until March 2027
Fully furnished 9-bedroom block of units designed for high-density living
Meticulously maintained with annual preventative maintenance checks
Large 1,012 m² block with extensive parking for 10+ vehicles
Prime walkable location close to town centre and local amenities
Low-maintenance property with minimal upkeep costs

✨ Key Features

Built-in Robes
Air Conditioning
Open-Plan Living
Outdoor Area
Extra Storage (Shed/Linen)
Security Screens / Gates
Fly Screens
Internal Laundry
Ceiling Fans
Waterfront / Views

Suburb and Property Insights of Menzies, QLD 4825

Mount Isa is a vibrant regional hub offering excellent amenities, a strong rental market, and convenient access to local shops and services. Its high demand for rental properties makes it an ideal location for investors seeking reliable income. The area boasts a friendly community atmosphere, with easy access to transport links and recreational facilities. This property’s central position ensures tenants enjoy a lifestyle of convenience and comfort.

Frequently Asked Questions

What is the current rental income and lease duration?

The property is currently tenanted with a lease extending until March 2027, providing immediate and reliable cash flow.

What maintenance has been performed recently?

Annual preventative maintenance checks have been completed since 2023, ensuring the property remains in peak condition.

Are there any additional costs or fees associated with the property?

The property is designed for low maintenance, minimizing ongoing upkeep costs, but potential investors should consider standard property management and council rates.

Is the property suitable for long-term tenants or short-term rentals?

This property is ideal for long-term tenants, given its fully furnished setup and prime location, ensuring consistent rental income.

What are the zoning and planning regulations for this property?

The property is zoned for high-density residential use, suitable for multi-bedroom accommodation, with no current planning restrictions noted.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses not disclosed? Has the property been inspected for structural issues or pests? Are there any zoning restrictions or easements affecting the property? Is the property compliant with all local building and safety regulations? Are there any planned developments or construction projects nearby that could impact the property? What are the strata or body corporate fees, if applicable? Is there any history of flooding or bushfire risk in this area? Are there any noise or nuisance issues from neighboring properties? What are the terms of the current lease, and are there any rent increases scheduled? Has the property been recently appraised or valued for accuracy?

151 Camooweal Street, Menzies, Qld 4825 - More Details

$648, 000 neg

Unrivalled 12.3% ROI I Tenanted until March 2027 I Stress-Free Ownership

Finding a "set and forget" investment that delivers 12%+ returns is a rarity in any market ... but in Mount Isa, a property of this calibre is a genuine diamond in the rough. If you are looking for a high-performing asset that is already set up, successful, and meticulously maintained, this unique 9-bedroom property is your next portfolio priority.

The Ultimate "Set & Forget" Investment
This property isn't just a building; it's a streamlined business opportunity. With a long-term tenant already in place and a freshly renewed lease extending through to March 2027, you can enjoy immediate, consistent cash flow from day one.

• Exceptional Yield: Boasting an incredible ROI of nearly 12.5%.
• Proven Reliability: Annual preventative maintenance checks have been completed since 2023, ensuring the property remains in peak condition.
• Low Overhead: Designed for low maintenance and minimal upkeep costs.

Property Features & Specifications
The property is fully equipped to cater to high-density living with comfort and functionality in mind.

• 9 Private Bedrooms: Each room is furnished with a bed, mattress, wardrobe, television, and its own split-system air conditioner for year-round comfort.
• Functional Common Areas: Spacious shared living and dining zones designed for communal ease.
• Amenities: Shared bathroom featuring two showers, plus two separate toilets and a shared external laundry.
• Bonus Space: A separate multipurpose room, ideal for use as an on-site office or additional storage.
• Massive Block w. Extensive Parking: Sitting at 1012 m2 there is plenty of room at the property with a large open-plan carpark capable of facilitating 10 or more vehicles, a rare find for town central living.

Prime Location
Situated in a high-demand pocket of Mount Isa, the location offers the perfect balance of convenience and lifestyle

• Walkable: Just a few minutes' stroll from the center of town.
• Local Perks: Located a stone's throw from a convenience store and the best bakery in North West Queensland (perfect for those early morning starts).

Secure Your Future Today
Opportunities with this level of return and structural stability are highly sought after and rarely stay on the market for long. Don't miss out on this stress-free investment. Contact the Vivid Sales Team today with your enquiry & ensure that you don't miss out on adding this high-yield gem to your portfolio before someone else does! 07 47 49 5550

Type: Block Of Units
Bedrooms: 9
Bathrooms: 2
Parkings: 10
Area: 1,012 m²

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Shannon Jeschke

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Leesa Fanti

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151 Camooweal Street, Menzies, Qld 4825

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