Sold

17-19 Simpson Street, Mount Isa

SOLD for $2,700,000

5 2,250 m2

Mount Isa CBD!

Nestled right in the heart of Mount Isa's bustling CBD lies an exceptional investment opportunity waiting to be seized! Boasting an approximate 9.0% rental yield, this property is a lucrative venture.

The premises currently host well-established businesses, all of which lease the shop fronts under long-term agreements. Let's take a closer look:

Shop 1: Anchored by TJM with a lengthy lease, this space features a spacious showroom/reception area complete with ducted air conditioning. You will also find Offices with split systems and a lunch room equipped with a kitchenette and fan. Towards the rear, you'll find a private workshop with upstairs storage and fenced-off street parking and staff facilities. Known nationally for their expertise in 4WD fitting, TJM ensures top-notch service for outback adventurers.

 Shop 2: Under the management of KP Fitness with a freshly appointed long-term lease, this expansive area offers air conditioning, dedicated parking, and a welcoming front desk reception—a prime location within the CBD.

Shops 3-4: Currently occupied by the globally renowned Subway chain, this section features a sizable foyer with air conditioning. The back-of-house area boasts two walk-in cold rooms, a walk-in freezer, and sinks, along with an additional space utilized for storage—promising tremendous potential.

Shop 5: Home to Pizza Hut with a steadfast tenancy, this unit comes equipped with a built-in counter, seating, foyer with air conditioning, and back-of-house amenities including a walk-in cold room, sinks, and air conditioning.

Convenient side access facilitates seamless deliveries, while external staff facilities cater to the needs of shops 3-5. Positioned at the epicentre of the CBD, this property offers a remarkable return on investment—an opportunity not to be missed!

Call City & Country Realty Sales Team TODAY! John Tully 0429 029 289, Kieran Tully 0416 177 001 or Rachael Wilson 0467 076 756

Details

Address 17-19 Simpson Street, Mount Isa
Price SOLD for $2,700,000
Property Type Commercial
Property ID 4629
Category Retail, Showrooms/Bulky Goods
Land Area 2,250 m2
Office Area 1,125m2
Warehouse Area 1,125m2

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