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95 Spence Street, Mount Isa, Qld 4825

$340,000

House

Type

Bedrooms

Bathrooms

Parkings

1,004 m²

Area

Last updated on Monday, October 05, 2026 ( See property details for 95 Spence Street, Mount Isa, Qld 4825)

$365,000

Kieran Tully Principal / Licensee / Sales Agent

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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 spacious, well-maintained three-bedroom home on a large block in Mount Isa, offering immediate rental income and future renovation potential.

🏡 Property Highlights

Immediate income stream with current tenancy at $510 per week
Well-maintained three-bedroom home with a separate study
Large 1,004 m² block with irrigated lawns and gardens
Potential to restore or upgrade the inground pool for added value
Strong rental demand in Mount Isa ensures ongoing tenancy
Positioned in a quiet, established pocket close to town

✨ Key Features

Air Conditioning
Open-Plan Living
Outdoor Area
Built-in Robes
Ensuite
Internal Laundry
Outdoor Area / Balcony
Garage / Secure Parking
Security Screens / Gates
Fly Screens

Suburb and Property Insights of Mount Isa, QLD 4825

Mount Isa is a vibrant regional city known for its strong mining industry and community spirit. The suburb of The Gap offers a peaceful, established environment just minutes from town amenities. Residents enjoy easy access to schools, shopping, and outdoor recreation. The area features a mix of family homes and investment properties, making it ideal for long-term living or portfolio growth. With ongoing demand for rental properties, it presents a secure opportunity for investors seeking reliable returns.

Frequently Asked Questions

What is the current rental income and vacancy rate for this property?

The property currently generates $510 per week in rental income, with strong ongoing demand in Mount Isa, making it a reliable investment.

Are there any recent renovations or upgrades to the property?

Yes, the main bathroom has been renovated, and the home features a well-maintained kitchen and living areas, ensuring modern comfort.

What is the condition of the inground pool, and what are the restoration costs?

The pool is currently not operational, offering an opportunity to restore or redesign it to enhance lifestyle appeal and rental returns.

Is the property suitable for long-term tenants or future homeowners?

The low-maintenance layout, spacious bedrooms, and outdoor entertaining areas make it ideal for both long-term tenants and future owners.

What are the zoning and planning restrictions for the large land holding?

The property is situated on a large 1,004 m² block with potential for future upgrades or development, subject to local council approvals.

What to ask about this property to agent?

Are there any hidden costs associated with restoring or upgrading the pool or other outdoor features? Has the property been inspected for any structural issues or defects? Are there any zoning restrictions or easements affecting the property’s future development potential? Is the property located in a flood or bushfire-prone area? Are there any upcoming construction or development plans in the vicinity that could impact the property’s value or living environment? What are the strata or body corporate considerations, if applicable? Are there any noise or neighbour-related issues in the area? Has the property been compliant with all building and safety regulations? Are there any ongoing maintenance or repair costs expected in the near future? What are the terms of the current tenancy agreement, and are there any lease restrictions?

95 Spence Street, Mount Isa, Qld 4825 - More Details

$340,000

This generously sized and well-maintained three‑bedroom 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

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 2
Area: 1,004 m²

Map & nearby places — 95 Spence Street, Mount Isa, Qld 4825

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95 Spence Street, Mount Isa, Qld 4825

$365,000

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