A turbocharger bearing housing, including a bearing bore having two journal bearings located in the bearing bore and a tubular bearing spacer having first and second axial ends for spacing apart said journal bearings. The tubular bearing spacer having at least one radial opening and a mounting bore for receipt of a turbocharger shaft. The mounting bore further being capable of receiving a generally tubular insert mounted therein and extending into the at least one radial opening of the bearing spacer. The tubular insert further including an indexing surface to assist in setting the depth of insertion for a rotational speed sensor mounted therein via threaded fitting or friction fit and creating a set air gap between an end of the speed sensor and the rotating shaft.