149 West Street

Winston QLD 4825

Improvements: 40 self-contained units + managers residence
Configuration: - 39 Individual Double Bed Rooms for Long Term Tenants Separate 3 Bedroom Apartment for Short Tenants. Plus a 2 Bedroom Managers Quarters with separate office
Amenities: BBQ area, guest laundry, secure off-street parking, Large Storage Area, Large Commercial Kitchen.
Condition: Very Solid Sturdy Concrete Block Building.

Welcome to a rare investment opportunity in the heart of Mount Isa, Queensland. This exceptional accommodation complex presents an outstanding chance to secure a high-performing freehold asset in one of Australias most resilient regional economies.

The property features 39 double bedrooms, each equipped with a TV, DVD player, split-system air conditioning, fridge, and double bed with linen. A large two-bedroom managers quarters with a spacious office area provides comfortable on-site living and management facilities.

Additional amenities include a commercial kitchen, huge dining area, and a large undercover recreation space of approximately 200 sqm, perfect for guests to relax and unwind. The property also boasts a massive 500 sqm workshop/shed, storage and training room, laundry area, and car parking for 44 vehicles. Situated on a flat one-acre block just on the fringe of the CBD, it offers both accessibility and room for future potential.

With strong connections to the mining and resources sector, this investment consistently delivers high occupancy rates and reliable returns, supported by long-term corporate contracts and steady demand from independent travellers.

This is more than just an accommodation facility its an established, income-generating business positioned at the centre of one of Queenslands most productive industrial regions.

Location Advantage
Mount Isa is recognised as the Mining Capital of North West Queensland, home to major operations such as Mount Isa Mines one of the worlds largest underground mining complexes.

The region is a vital service hub supporting mining, energy, logistics, and government projects across north-western Queensland and the Northern Territory border regions.

Key Location Benefits:

- Constant demand from fly-in-fly-out (FIFO) and drive-in-drive-out (DIDO) workforce

- Limited supply of comparable quality accommodation

- Close proximity to local shops, airport, and industrial precincts

- Daily flights to Brisbane, Townsville, and Cairns

This sustained demand ensures consistent occupancy levels and low vacancy risk a hallmark of long-term stability for investors.

Financial Performance
The complex has demonstrated solid year-on-year financial performance, driven by repeat business from corporate clients and long-term workforce contracts.

(Actual financials available upon request under confidentiality agreement.)

Key Financial Strengths

- High-margin income from long-term stays

- Minimal marketing costs strong word-of-mouth and corporate repeat clients

- Opportunities to enhance returns through minor operational efficiencies or expansion

Market Outlook

Mount Isas economy remains robust, with multi-billion-dollar projects underway across the mining and energy sectors. Workforce accommodation remains in constant demand, creating a strong foundation for sustained profitability.

Growth Drivers:

- Expansion of Glencore operations and related contractors

- Ongoing government infrastructure investment in the region

- Growing demand for corporate and workforce housing

- Limited new supply of purpose-built accommodation complexes

This combination of economic strength and supply shortage presents a rare, low-risk investment opportunity in regional Queensland.

Investment Highlights

- High Occupancy and Consistent Returns Reliable income supported by long-term corporate and workforce clients.

- Strong Regional Market Mount Isas stable economy ensures long-term viability.

- Freehold Security Land and buildings owned outright.

- Expansion Potential Scope to add rooms or facilities on-site.

- Low Management Overhead Can be operated by owner-manager or remotely managed.

- Attractive Yield Strong return on investment compared to metro properties.

Future Potential
With demand continuing to outpace supply, this property is perfectly positioned for future growth. Investors can:

- Expand capacity with modular cabins or additional rooms

- Establish direct partnerships with mining companies for guaranteed occupancy

- Modernise amenities to attract a broader corporate clientele

- Add value through digital marketing or short-stay online platforms

The fundamentals are strong and the upside potential is significant

The Mount Isa Accommodation Complex represents an outstanding opportunity to secure a high-performing freehold asset With HUGE Upside potential.

Options to continue to Run Under Management Take over Yourself and reap the rewards Lease out to Commercial Tenants.

This is an investment that offers security, stability, and scalability all in a location that continues to drive Queenslands regional economy.

Opportunities like this are rare and tightly held.
Contact us today to arrange a private inspection or request a detailed Information Memorandum.

Be quick and phone the Sales Team at City & Country Realty TODAY! John Tully 0429 029 289, Kieran Tully 0416 177 001 or Rachael Wilson 0467 076 756

Property Code: 5527