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121 Marian Street Townview QLD 4825

  • Retail
  • 3,179 m²
  • For Sale, Expressions Of Interest

Harvey Norman Anchored Shopping Centre- High Yielding

JLL are pleased to exclusively offer The Overlander Shopping Centre in Mt Isa For Sale via Expressions of Interest, closing 4pm (AEST) Thursday 6 September 2018 We note the following investment highlights:

·        3,179sqm shopping centre anchored by Harvey Norman and supported by a complimentary mix of 2x medical and 1x retail tenants
·        Centre WALE of 4.88yrs (by income) with Harvey Norman on a 7yr anchor lease expiring 2024
·        Dominant 7,058sqm site fronting the Barkly Highway at the eastern gateway to Mt Isa, the main thoroughfare connecting Mt Isa to Cloncurry & Townsville providing outstanding exposure to passing traffic
·        Recent major capital expenditure from both the vendor & tenants, further stegthening the long term income security
·        Anchor tenant at an extremely below market rental- strong upside present in the upcoming market review
·        Net income of $467,000p.a. as at 31 July 2018

Address121 Marian Street Townview QLD 4825
Zoningnull
CouncilMOUNT ISA CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2014543491
Floor Area3,179 m²
Land Area7,058 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  2 Aug 2018
Map for 121 Marian Street Townview QLD 4825
JLL - Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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