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9 Simpson Street
Mount Isa QLD 4825
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Sold on 14 Sep 2023

9 Simpson Street Mount Isa QLD 4825

  • Offices
  • 385 m²
  • Sold, $417,800

Sensational ROI on Simpson!

    Prime Commercial Property for Sale - High ROI

    Welcome to 9 Simpson St, Mount Isa, where an exceptional commercial property with dual tenancies is waiting for you. This property offers a solid annual income of $52,000, presenting a remarkable investment opportunity with an impressive Return on Investment (ROI) of 11.5%. Don't miss out on securing this lucrative asset!

    Property Features:

    Dual Tenancies: This commercial property comprises two separate tenancies, providing you with the flexibility to lease both units or occupy one (after an existing tenant vacates) while generating rental income from the other. The choice is yours, offering versatility in maximizing your returns.

    Total Land Area of 1012m2: With a spacious land area, this property allows for future expansion or customization opportunities, providing added value to your investment. (STCA)

    385m2 Building*: The building is split into two separate tenancies, offering ample space for business operations. Each unit is independently metered for power, ensuring convenience and accurate billing.

    Security Fenced: The property is fully secured with a sturdy fence, providing peace of mind and protection for your tenants and their businesses.

    ROI of 11.5%: With an annual income of $52,000, this commercial property offers an impressive ROI of 11.5%. This exceptional return on investment showcases the profitability and long-term financial gains this property can provide.

    Strong Investment Potential: This property is strategically located to take advantage of growth and business opportunities. The demand for well situated office and commercial space ensures a steady stream of tenants and potential for future rental growth.

    Convenient Location: Situated in the heart of Mount Isa, this property offers excellent connectivity to key amenities, major transport routes, and the business community, allowing your tenants to benefit from the prime location on offer.

    Don't miss out on this exceptional commercial property investment opportunity! Act now to secure your financial future. Contact us today to arrange a viewing or obtain further information. Opportunities like this are rare, seize it while you can!

    Disclaimer: The ROI percentage is based on the current annual income and purchase price. Please conduct independent research and consult with financial professionals for a comprehensive evaluation of your potential ROI.

    Property Highlights

    Date Sold14 Sep 2023
    Sold Price$417,800
    Floor Area385 m²
    Land Area1,012 m²
    ParkingAsk Agent
    Property ID2018606177
    Category
    Last updated  18 Sep 2023
    Map for 9 Simpson Street Mount Isa QLD 4825

    Property Highlights

    Date Sold14 Sep 2023
    Sold Price$417,800
    Floor Area385 m²
    Land Area1,012 m²
    ParkingAsk Agent
    Property ID2018606177
    Category
    Last updated  18 Sep 2023
    77 Comooweal Street Mount Isa QLD 4825

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