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86-90 Marian Street & 5 Ivy Street, Mount Isa, Qld 4825

86-90 Marian Street & 5 Ivy Street, Mount Isa, Qld 4825

Industrial/Warehouse Retail

  • Sold Contact Agent
  • Tue 25-Jun-19

  • Land Area
  • 0.57ha (1.40 acres) (approx)
  • Floor Area
  • 657 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Aug 28, 2019

Interested in this property? Contact an Agent today

Ray White Commercial - Gold Coast

Level 2, 50 Cavill Avenue

Surfers Paradise Qld 4217

Michael Willems, Ray White Commercial - Gold Coast
Michael Willems

LONG-STANDING NATIONAL TENANT NEW 5 YEAR LEASE

Michael Willems of Ray White Commercial Gold Coast, as exclusive agent, is proud to offer this exceptionally rare opportunity to purchase a quality freehold investment in Mount Isa.

The property represents a fantastic opportunity to purchase a quality income producing industrial investment. The property is fully leased to a national blue chip tenant ‘Supercheap Auto'.

* Prime position with exposure to Marian Street (Barkly Highway)
* Net income $95,678.80* p.a. + GST plus outgoings
* 5 year lease (until 2024) just renewed (commencing 19/7/2019)
* 5,670m2* general industrial facility with low site coverage within 2km* of the Mount Isa city centre
* Development Approval for a showroom extension - proposed new 10 year Lease $174,900 + GST
* Huge potential for rental uplift
* Approved subdivision for 2 lots

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must

86-90 Marian Street & 5 Ivy Street, Mount Isa, Qld 4825

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