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Retail
For Sale
Private Treaty
High-Yielding CBD Investment Under $1 Million
77 Camooweal Street, Mount Isa City
Price
8% Yield
Income
$67,749 p.a.
Lease Term
4 years to July 2027 + 2x5-year options
Occupancy
Fully Leased
Tenants / Type
Jays Real Estate
Tenants
1 Tenant
Size
375 sqm
Type
Retail
Land Size
1,012 sqm
Parking
12
Description
An exceptional opportunity to secure a high-yielding entry-level investment under $1 million. Jays Real Estate is the longest-running real estate agency in the Mount Isa region.
Investment Highlights
- High-Yielding CBD Investment Under $1 Million
- Favourable net lease structure (attached) with the tenant responsible for 100% of outgoings as per lease nut same as above re management
- Net Income: $67,749 pa* + GST
- Well-presented 375sqm* NLA building on 1,012sqm main street land holding (photos in attached EDM)
- Fixed 3% annual increases
- Four (4) year net lease to 2027 plus two (2) further five (5) year options to 2037
- Jays Real Estate: the longest standing real estate agency in the region, servicing Mount Isa & surrounding areas since 1981
- Strategically positioned within the Mount Isa CBD, with 17,500+ residents* within a 3km* radius of the property
- Mount Isa: the administrative, commercial and industrial centre of North West Queensland and the gateway to the world-class North West Minerals Province
