Sold

1 & 2, 27 George Street, Mount Isa

SOLD for $309,777

4 2 4 809 m2

Exceptional Dual-Unit Investment Opportunity – 27 George Street, The Gap QLD

Presenting an outstanding investment property featuring two separate 2-bedroom units on one freehold title – a high-yield opportunity for savvy investors.

Both units have been thoughtfully renovated to maximise rental return, providing low-maintenance income from day one:

  • One unit has been recently updated, and the second was renovated at the end of 2025, including new flooring, fresh internal paint, plus external and roof painting.
  • All major maintenance and repair works have been completed, offering a true turnkey investment with no immediate capital outlay required.

Currently generating $665 per week in combined rental income, this represents an impressive ~11% return on investment based on the asking price of $309,000 – an exceptional yield for the area.

The property is leased to stable, ongoing tenants who wish to remain, providing continuity of income and minimal vacancy risk.

Professionally managed by the expert team at City and Country Realty, this property delivers a genuinely hands-off, passive income stream with minimal risk.

Additional highlights include:

  • Large, fully fenced backyards – ideal for pets and appealing to renters
  • Generous outdoor space rarely found in comparable investment properties
  • Well-maintained improvements throughout for peace of mind

With all major works completed and strong rental demand in place, this is a genuine set-and-forget investment. An incoming owner can simply enjoy reliable cash flow from settlement.

 

This is a rare opportunity to secure a dual-income property with exceptional yield in a proven rental market.

Don’t miss this opportunity—contact City & Country Realty today! Kieran Tully 0416 177 001or Rachael Wilson 0467 076 756

Features

Undercover outdoor area Fenced Low maintenance Smoke Alarms Built-in wardrobe Split System Air Conditioning

Details

Address 1 & 2, 27 George Street, Mount Isa
Price SOLD for $309,777
Property Type Residential
Property ID 5744
Category Unit
Land Area 809 m2

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