This development is modern and attractive, new housing is scarce and tenants are waiting! We offer into the market 10 duplex style dwellings in this exciting solid region for investment. This property is strategically located at Mt Isa suburb of Miles End. This project offers great investor returns with an approximate rental yield of 8%. Mt Isa is also the major administrative and financial centre for North-West QLD.

Mt Isa has had an impressive history of growth which has been underpinned by the solidity of the Mount Isa mine as the largest local employer. The Mt Isa region has projects with a potential value of over $5 Billion at various stages of development, including 7 copper mines, 2 lead mines, 2 zinc mine projects, 1 phosphate and 1 uranium mine. (Quote Bureau of Resources and Energy Economics, Resources and Energy Sector October 2012 Australian Government) Plus the Queensland Government has just recently overturned the ban on uranium mining in Australia. There are 12 confirmed potential uranium deposits in this region. Its population over the last 5 years has grown by 3.1%pa nearly double the national average. Additional growth is predicted and estimated due to the solid additional investment in the area.

Home configuration comes in 3 bedroom, 2 bathroom and a secure car park space. This quality project is situated in the suburb area known as Miles End. This home is a secure and gated estate. Mt Isa city is landlocked, areas suitable for development are restricted by mining tenements and by native title claims.

Pictures are indicative only!

Property Code: 2005870740