5 Isabel St, Mornington is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 943m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in June 2007.
Whether you're looking to expand your investment portfolio or secure a low-maintenance property with immediate returns, 5 Isabel Street presents an outstanding opportunity.Positioned on a generous 943m fully fenced allotment, this solid block home is set back from the street, providing added privacy and an expansive front yard. The property offers three spacious bedrooms, all with built-in wardrobes, while the master bedroom features a private ensuite. Designed for comfortable living in the Mount Isa climate, the home features split system air conditioning, ceiling fans throughout, and cool ceramic tiled flooring for easy-care living. The well-appointed kitchen is equipped with electric cooking appliances, a dishwasher, and ample storage, making everyday living a breeze. The home also boasts a spacious main bathroom complete with a large bathtub, perfect for families or those who appreciate extra comfort.A large tiled entertaining area provides the perfect space to relax or host family and friends. The fully concreted rear yard has been thoughtfully designed for practicality and low maintenance, featuring an enclosed external laundry with additional storage, a second shaded outdoor entertaining area beneath a shade sail, and a separate hobby shed ideal for storage, a workshop, or weekend projects.Investment Highlights:- Secure Government tenancy in place until July 2027- Currently leased at $620 per week- Government tenant in residence since 2018.- Proven history of reliable tenancy and consistent income for over 15 years.- Approximate 8.6% gross rental return.- Solid block construction and tiled floors throughout, providing a durable, low-maintenance investment.Properties offering long-term Government security, strong returns, and solid construction are becoming increasingly difficult to find. This is a genuine set-and-forget investment with an established track record of performance.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.
The size of Mornington is approximately 1.0 square kilometres. There are 2 parks, covering nearly 9.8% of the total area. The population of Mornington in 2016 was 1764 people. By 2021 the population was 1846 showing a population growth of 4.6% in the area during that time. The predominant age group in Mornington is 30-39 years. Households in Mornington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a professional occupation.In 2021, 32.80% of the homes in Mornington were owner-occupied compared with 38.50% in 2016.
Mornington has 996 properties. Over the last 5 years, Houses in Mornington have seen a 10.60% increase in median value, while Units have seen a -24.61% decrease. As at 31 August 2026:
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