1&2/5 Corbould Street, Mount Isa, Qld 4825

$270,000

Unit
Type
2
Bedrooms
2
Bathrooms
2
Parkings
55 m²
Area

Published on Tuesday, October 13, 2026 ( See property details for 1&2/5 Corbould Street, Mount Isa, Qld 4825)

$270,000

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

A solid brick dual-unit investment property on a large allotment, offering strong rental returns and excellent location in Mount Isa.

🏡 Property Highlights

  • Dual-income potential with two separate units generating $540 per week
  • Attractive gross rental yield of approximately 10.4%
  • Solid brick construction ensuring durability and low maintenance
  • Generous 1,012m² allotment providing ample outdoor space
  • Walking distance to Mount Isa CBD for convenience
  • Affordable investment opportunity at $270,000

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Floorboards
  • Ensuite
  • Internal Laundry
  • Pet-Friendly
  • Balcony

Mount Isa is a vibrant regional city known for its strong mining industry and community spirit. Key highlights include its convenient proximity to the CBD, affordable property prices, diverse amenities, and excellent transport links. The area offers a mix of residential and commercial opportunities, making it ideal for investors and families alike. With a welcoming atmosphere and steady growth, Mount Isa continues to be a sought-after location for property investment.

What is the layout and size of each unit?
Each unit is approximately 55 m², featuring two bedrooms and two bathrooms, with open-plan living areas and outdoor spaces.
Are there any additional amenities or features included?
The property includes built-in robes, an internal laundry, and outdoor areas, with potential for further enhancements.
What is the condition of the property and construction quality?
The units are constructed from solid brick, ensuring durability and low maintenance, with recent updates likely to be minimal.
Is there potential for future capital growth?
Yes, given its proximity to Mount Isa CBD, strong rental demand, and ongoing regional development, the property offers good potential for capital appreciation.
What are the current rental terms and lease conditions?
The property currently generates a combined rental income of $540 per week, with each unit leased separately, providing stable cash flow.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or pests? Are there any upcoming planning or development proposals in the area? What are the ongoing costs, including council rates and maintenance? Is the property compliant with all building and safety regulations? Are there any existing or planned community or infrastructure projects nearby that could impact the property? What is the history of the property's rental performance and vacancy rates? Are there any restrictions on pets or modifications to the units? Is there any history of flooding or bushfire risk in the area? Are there any strata or body corporate fees applicable to the property?

1&2/5 Corbould Street, Mount Isa, Qld 4825 - More Details

$270,000

Positioned on a generous 1,012m² allotment in Mount Isa, 5 Corbould Street presents an outstanding opportunity for investors seeking strong rental returns from a solid brick residential investment. Comprising two separate units on one property, the investment is currently generating a combined rental income of $540 per week, delivering an attractive gross annual rental yield of approximately 10.4% based on the $270,000 asking price.

With each unit returning $270 per week, this dual-income property offers investors the advantage of two separate rental streams from a single property. The solid brick construction, substantial landholding and convenient location within walking distance of Mount Isa CBD further enhance its investment appeal.

Notable Features:

- Attractive gross annual rental yield of approximately 10.4%

- Combined rental income of $540 per week

- Gross annual rental income of $28,080

- Two separate units providing dual rental income

- Generous 1,012m² allotment

- Solid brick construction

- Walking distance to Mount Isa CBD

- Ample rear space

- Asking price of $270,000

- Opportunity to secure two rental streams from one property

With two separate rental incomes, solid brick construction and a substantial allotment, this property presents an appealing opportunity for investors seeking strong rental returns at an accessible price point. The combination of an approximately 10.4% gross rental yield, dual-income potential and proximity to Mount Isa CBD makes 5 Corbould Street a compelling addition to any investment portfolio.

Contact Sam Hossain 0432 463 869 to arrange your inspection today.

Disclaimer: Floorplan measurements and layouts are provided as an approximate guide only. While every effort has been made to ensure accuracy, they may not be 100% precise. Buyers are encouraged to conduct their own inspections and verify any details that are important to them.
Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
2
Area
55 m²
House Size
1,067 m²

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