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Ray White Commercial - Gold Coast

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

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

Warehouse, Factory & Industrial • Shop & Retail

Price information

Sold

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Land area

0.57ha (1.4 acres)

Floor area

657.0m²

Tenure type

Tenanted Investment

Sold on

25 Jun 2019

0412 *** ***
Ray White Commercial - Gold Coast
86-90 Marian Street & 5 Ivy Street
Mount Isa, QLD 4825
Michael Willems

Ray White Commercial - Gold Coast

Level 2, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217

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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 rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property ID: 503210130Last Updated: 27 Aug 2019

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Ray White Commercial - Gold Coast

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Ray White Commercial - Gold Coast

Level 2, 50 Cavill Avenue
SURFERS PARADISE, QLD 4217
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Michael Willems

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Michael Willems
Ray White Commercial - Gold Coast
86-90 Marian Street & 5 Ivy Street Mount Isa, QLD 4825

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

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  • Michael Willems

    Michael Willems

    Ray White Commercial - Gold Coast
    0412 *** ***