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
RealistIQ deal score
Strong value signal
88
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 95 Spence Street, Mount Isa before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $357,000 - $594,000Wider ranges mean more uncertainty.
RealistIQ estimate$476,000
Market price guide$365,000
$357,000$594,000
Before you inspect, check what similar properties actually sold for.
