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Savills - Brisbane

Woolworths Mount Isa, 2 Miles Street Mount Isa, QLD 4825

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Woolworths Mount Isa, 2 Miles Street,
Mount Isa, QLD 4825

Shop & Retail

Price information

Sale - Expression of Interest

For Sale by Expressions of Interest

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$990,602
Number of Tenants
1 Tenant
Tenants / Type
Woolworths

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Savills - Brisbane
Woolworths Mount Isa, 2 Miles Street
Mount Isa, QLD 4825
Savills - Brisbane

Savills - Brisbane

Level 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000

Map of Woolworths Mount Isa, 2 Miles Street

Directions
  • Train stations within 5 km of Woolworths Mount Isa, 2 Miles Street, Mount Isa, QLD 4825Distance
    Mount Isa681 m
    POWERED BY HERE ©
  • Bus stops within 5 km of Woolworths Mount Isa, 2 Miles Street, Mount Isa, QLD 4825Distance
    Mount Isa774 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime Freestanding Woolworths Supermarket Investment

  • Freestanding Retail Investment
  • Exceptional Trading Performance
  • Long Lease Security
Woolworths Mount Isa comprises a freestanding supermarket with under-croft and grade level parking including a grocery pick up facility.

Centrally located in Mount Isa CBD, featuring three street frontages, including Miles, Isa and Camooweal Streets. The property is located within close proximity to a number of key traffic generators including the Mount Isa Hospital, James Cook University campus, Mount Isa Mines Head Office and is within a short drive from numerous Primary and High schools and Child Care centres.


Key highlights include:

- Rare freestanding full-line Woolworths Supermarket investment

- Strongly trading supermarket with long lease security

- Blue-chip "Essential" tenant - 100% leased to ASX-top-10 listed Woolworths Limited

- Long lease security - 20 year lease to October 2031 + 8 x 5 year options to October 2071

- Expansive Trade Area with strong household income metrics - catchment of over 23,200* with household income 42.6%* above benchmark

- Central location in Mount Isa CBD - high exposure with convenient access and parking

- Exceptional supermarket trading performance - trading well into Turnover Rent providing immediate rental growth

- Estimated Net Annual Income - $990,598*

*Approximate

The property is for sale by Expressions of Interest closing 3pm AEST, Thursday 27 May 2021

Property ID: 503813662Last Updated: 22 Jun 2021

Agency contacts

Savills - Brisbane
Level 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Peter Tyson

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Peter Tyson
Savills - Brisbane
Woolworths Mount Isa, 2 Miles Street Mount Isa, QLD 4825

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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