28 Alfred Street, Mount Isa, Qld 4825

A fantastic opportunity for the savvy investor-this solid block-constructed duplex features two spacious 2-bedroom units, each offering excellent rental income and exciting scope for value-adding improvements. Currently tenanted and generating consistent returns, this property allows you to earn from day one while planning future enhancements to boost yield and capital growth.

Key Features:
- Solid Block Construction with Tiled Floors throughout both units – a low-maintenance foundation perfect for modern upgrades.

- Split System Air Conditioning – Unit 1 includes systems in both the lounge and main bedroom, while Unit 2 is equipped in the lounge area.

- Private, Fully-Fenced Yards – Each unit enjoys its own outdoor space. Unit 1 has street access to the front yard; Unit 2 enjoys a private rear yard complete with two garden sheds for added storage.

- Secure Parking – A shared double carport with allocated space for each unit.
Income Details:

Currently Returning $25,740 p.a. Gross
- Tenants already in place with leases through October 2025 (Unit 1) and May 2025 (Unit 2)
- Immediate cash flow with no upfront renovation required

Future Upside:
While the property is well-tenanted and functional as-is, there's strong potential to increase rental returns through targeted cosmetic upgrades. 
Options include:
- Fresh paint and modern finishes
- Security screens for added tenant appeal
- Updated kitchens and additional air-conditioning in bedrooms

A strategic renovation could significantly elevate rental income and future resale value, making this an ideal addition to any growth-focused portfolio.


Disclaimer: 4825 Realty has taken reasonable steps to ensure the accuracy of this advertisement. However, as much of the information has been provided by third parties, we accept no responsibility and disclaim all liability for any errors, omissions, or inaccuracies. Prospective purchasers should conduct their own enquiries, inspections, and seek independent legal advice.