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High-Yielding Industrial with Secure National Tenant
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Industrial
For Sale
Private Treaty

High-Yielding Industrial with Secure National Tenant

64 Mica Creek Road, Mount Isa
Price
High-Yielding 8% +
Income
$165,600 p.a.
Lease Term
5 years
Occupancy
Fully Leases
Tenants / Type
Industrial
Tenants
1 Tenant
Size
1703 sqm
Type
Industrial
Land Size
12,600 sqm
Zoning
Medium Impact Industry

Description

INVESTMENT HIGHLIGHTS

  • High-yielding investment - 8%+
  • 5-year lease to September 2029 + 1 x 5 year options
  • Set-and-forget net lease with all outgoing paid by the tenant including land tax and property management fees
  • Ensured income growth with annual increases: greater of CPI or 2.5%
  • Significant 1.26Ha land area with 178m2 modern office facility, 1,400m2 high clearance industrial shed and 125m2 open shed plus demountable building with 4 x ensuite-room accommodation
  • Established tenant since 2018: Mobilise – providing vital labour & workforce solutions to Mount Isa
  • Net income $165,600 + GST per annum

Exclusive off-market opportunity.

Features

  • National Tenant

Enquire About This Property

Sarah Broad
Sarah Broad
Director & Principal