Burgess Rawson, in conjunction with Jays Real Estate are pleased to offer to the market 77 Camooweal Street, Mount Isa QLD for sale via Investment Portfolio Auction 173.
The property has the following investment highlights:
+ 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
+ Landlord friendly net lease, with the tenant responsible for 100% of outgoings as per lease
+ Annual fixed compounding 3% increases, ensuring income growth
+ Well-presented and maintained 375sqm* NLA office building within the Mount Isa CBD
+ High exposure 1,012sqm* site with more than 20 metres* of frontage to Camooweal Street and direct access to the Barkley Highway, connecting Mount Isa and surrounding areas
+ Strategically located within 300m* of Mount Isa Village, anchored by Coles, Kmart plus 10 specialties and within 500m* of Woolworths, United, McDonald's, KFC, NAB, Anytime Fitness, Domino's & Subway
+ Strategically positioned within the Mount Isa CBD, with 17,500+ residents* within a 3km* radius of the property
+ Mount Isa Regional Council: the largest economic, logistics and service centre of Northern Australia with a Gross Regional Product (GRP) of $1.82 billion
+ Net Income: $63,860 pa* + GST
For Sale by Investment Portfolio Auction
10.30am AEST Thursday 12 December 2024
The Hilton, Brisbane
Please contact the exclusively appointed Burgess Rawson & Jay's Real Estate team for more information.
*Approx
