Mount Isa

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A block of four units at Mount Isa has been sold for $205,000.

The investment opportunity was four one bedroom units within the Pioneer precinct. 

It last sold in 1990 at $125,000.

The official site value was $47,500 as at June 30.

Each unit offered built in cupboard, modern bathroom, open plan living and functional kitchen plus an eternal laundry. 

There was an undercover carport at the front of the property. 

The 852 sqm site at 27 Kaeser Road was securely fenced.

The units were sold by John Tully at City and Country Realty Mount Isa after being on the market for 71 days, according to CoreLogic.
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The block of four units was sold last Friday at $205,000.

jchancellor

Mount Isa block of units sold for $205,000

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A Mount Isa Motel and Serviced Apartment complex has hit the market for the first time.
Located at 79-83 Marian Street, the Spinifex is being offered for sale via marketing agents Leon Alaban, Christian Tsalikis, and Peter Capps of Savills.
Sales Executive of Savills Sunshine Coast, Peter Capps, said the Spinifex Motel and Serviced Apartments offers the future owner a strong income stream.
“The diversified holding ensures security of investment, and is being offered in-one-line or for individual purchase,” Mr Capps said.
The property consists of two lots, occupying a total site area of 4,454 sqm, with Lot 803 being home to the Motel, while Lot 806 accommodates the Serviced Apartments.
The Motel features 34 rooms, an office and reception area, a manager’s residence, plus a restaurant and bar that seats up to 30.
The Serviced Apartment portion of the property consists of five three bedroom apartments, each with two bathrooms plus a lock up garage.
Agent, Senior Sales Executive, Christian Tsalikis, said the current owners are motivated to divest the asset.
The property is located on the and holds 65 meters of frontage to the Barkly Highway.
The Motel was constructed in 2006, with the Townhouses a later addition to the site in 2014.
Offers to purchase the Spinifex Motel and Serviced Apartments close on 21 November.
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j.ballantyne1990-6AQqhLzZaK

Savills markets Mount Isa motel and apartment complex

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Located in Mt Isa's suburb of Healy, a four bedroom house has gone under contract.
The Queensland offering been listed by the mortgagee for sale for $299,000 by City &amp; Coutry Reality for the past month.
It last sold at $420,000 in 2011.
It sold at $209,000 in 2005.
<a href="https://www.realestate.com.au/property-house-qld-mount+isa-127504006" target="_blank">The 19 Stubbings Avenue</a> house comes with four carpeted bedrooms.
There was a divided kitchen with bench and storage space and internal laundry located off the kitchen.
Other features include an in-ground pool and undercover entertaining area on the 969 square metre block.
Schools and shops are within a five minute walk. 
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Mount Isa mortgagee in possession property sold

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A Townview, Mount Isa three bedroom house has been listed by mortgagees for $260,000.
It was listed by John Tully and Kieran Tully from City and Country Realty.
It last sold at $285,000 in 2007.
<a href="https://www.realestate.com.au/property-house-qld-mount+isa-128747654" target="_blank">Positioned at 83 Webb St</a>, the house features three bedrooms with built-in, open dining and kitchen area, internal laundry, and rumpus room. 
Other features include built-in bar, brick fireplace, ceiling fans, split air-conditioning and in-ground pool.
It is close to schools, shops and parks.
 
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Mount Isa three bedroom house listed by mortgagee

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A Mount Isa mortgagee has seen it's asking price reduced to $300,000.
Originally listed for $399,000, the property is now under offer having had the asking price slashed by 25%.
John and Keiran Tully of City &amp; Country Real Estate are currently marketing the listing.
Situated at <a href="https://www.realestate.com.au/property-house-qld-mount+isa-126348110" target="_blank">84 Suter Road</a>, the property is a three bedroom two bathroom house.
Set on 812 sqm, the abode features an outside undercover entertaining area plus patio as well as a full fenced spa.
Last sold in 1999, the home transacted fro $129,000.
The home has spent roughly 700 days on the market.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
According to CoreLogic, the annual change in median price over the past 10 years in <a href="https://www.urban.com.au/news/5938-mount-isa-qld" target="_blank">Mount Isa</a> is -0.7%.
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Mount Isa, Queensland mortgagee listing slashed 25%

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A Mount Isa, Queensland mortgagee has sold for $285,000.
Originally listed for $399,000, the property was under offer after the asking price was slashed 25% to $300,000.
John and Keiran Tully of City &amp; Country Real Estate marketed the listing.
Situated at <a href="https://www.realestate.com.au/property-house-qld-mount+isa-126348110" target="_blank">84 Suter Road</a>, the property is a three bedroom, two bathroom house.
Set on 812 square metres, the abode features an outside undercover entertaining area plus patio as well as a full fenced spa.
Last sold in 1999, the home previously transacted for $129,000.
It has spent roughly 700 days on the market.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
According to CoreLogic, the annual change in median price over the past 10 years in <a href="https://www.urban.com.au/news/5938-mount-isa-qld" target="_blank">Mount Isa</a> is -0.7%.
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