98 Miles St, Menzies is a 8 bedroom, 4 bathroom Unit. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 8 bedroom Unit sold in Menzies in the last 12 months.
An outstanding opportunity for the savvy investor looking to add value and boost returns!This block of 4 x 2-bedroom units is already producing solid rental income of $52,000 per annum, with all units leased to a long-term, government-funded agency since 2015. With strong foundations and solid block construction, this complex offers the perfect canvas for upgrades and modernisation.Why You'll Want This in Your Portfolio: Strong Existing Returns Gross rental income of $52,000 p.a. Block Construction Durable, low-maintenance structure Renovation Potential Unlock higher returns through modern upgrades Prime Investor Location Central Mount Isa position with strong rental demandWith excellent bones and a proven rental history, this is a golden opportunity for an investor willing to roll up their sleeves and elevate the value of an already income-producing asset.To Discuss or view this property please contact Angeline Cameron 0400 221 018Disclaimer: 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.
The size of Menzies is approximately 1.0 square kilometres. It has 2 parks covering nearly 37.5% of total area. The population of Menzies in 2016 was 985 people. By 2021 the population was 824 showing a population decline of 16.4% in the area during that time. The predominant age group in Menzies is 20-29 years. Households in Menzies are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Menzies work in a professional occupation.In 2021, 34.20% of the homes in Menzies were owner-occupied compared with 34.30% in 2016.
Menzies has 565 properties. Over the last 5 years, Houses in Menzies have seen a -2.63% decrease in median value, while Units have seen a -23.28% decrease. As at 31 January 2026:
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