Available for purchase is this one of a kind 17 Bedroom residential dwelling in Mount Isa. This multi-room property would be suitable for serious investors as it has the security of a long term lease agreement and a 12.6% Gross return! Recently renovated in 2023 by a local builder, the property is updated and requires no immediate improvements. With a low maintenance budget in the 22/23 Financial Year, the current owners have not had a large outlay in expenses to date. The property includes: - 17 bedrooms all including RAC aircon, king single bed, BIR and small desk; along with 125L fridge and 21 inch tv's per room. - One of the 17 bedrooms includes a personal kitchenette and ensuite. - Upstairs with a communal bathroom with 2 toilets and 3 showers. - Est. 60m2 open spaced communal living area downstairs with split system cooling. - Kitchen space including benches for storage and 2 large refrigerators. - Downstairs bathroom with 2 toilets and basin off lounge space. - Communal laundry area including 3 washing machines. - Outdoor open air entertaining area. - Undercover parking for 12 Vehicles. - Full colourbond fence surrounds for security. Located directly across the Barkly Highway from the Mount Isa Mines Gardenia gate entrance, 1.5km to the Railway Avenue gate entrance and under 2km from the Mount Isa CBD this property is a perfect location! With Non-Commercial zoning, you don't have the nasty rates or insurance expenses you come to expect with other properties of this size! *Categorised as a Class 3 Building - with a Category 36 - Intensive Accommodation 5-99 zoning Secure long term tenants with a company lease in place until April 2025.