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9-11. Commercial Road Mount Isa QLD 4825

  • Industrial / Warehouse
  • 1,500 m²
  • For Sale, UNDER CONTRACT

Exceptional Quality/ Brilliant Returns

This property is located in the premium industrial business area of Mount Isa, with excellent high profile street frontage.
This property has been renovated, extended and improved over many years, from the front entry to the back gate and to an exceptional standard. With a new business owner in place and a brand new 5 year lease, now is the time to invest and secure a brilliant tenant with this iconic long term business.

$105,000 pa gross income thats a 13.29% return

Land Area 2022m2, Zoned Heavy Industrial
Two titles merged for rates to one rates notice
Freshly renovated Reception/ Showroom 202sqm
Main workshop, Staff Facilities 488sqm
2nd Workshop & Office 144sqm
Undercover customer car parking
Admin Building with landscaped courtyard
2bed & 1 bed on site accommodation
Landscaped grounds & excellent driveways
All buildings well maintained & excellent order

Tenants are on a 5 year lease expiring 01/07/24 and do have the right to renew. Tenants pay council rates, land tax, water usage and building insurance. This property is self managed.

This is a brilliant opportunity to secure a premises with a quality med- large employer tenant in place. Call Bronwyn Finch marketing agent for more information 0448 013 974

Property Highlights

Property ID2015839921
Floor Area1,500 m²
Land Area2,022 m²
Parking10 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  7 Nov 2019
Map for 9-11. Commercial Road Mount Isa QLD 4825
Jays Real Estate
77 Comooweal Street Mount Isa QLD 4825

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