9-11 Commercial Road Mount Isa QLD 4825

Jays Real Estate are pleased to offer this high quality industrial investment property situated in the Ryan Industrial Precinct to the market with current return at 10% net plus CPI due in July 2022.
Quality industrial properties in Mount Isa are tightly held due to high returns and the shortage of stock available in the leasing and sales market.

Property Overview:
Leased to long term highly reputable Air Conditioning, Refrigeration, Electrical & Instrumentation business
2024m2* site in sought after Ryan Industrial Precinct
Mixture of workshops, office, storage plus duplex accommodation
550m2* main office/industrial workshop
Includes 200m2* of recently renovated office and amenities
57m2* mezzanine in the main building
155m2* workshop separate to the main building
185m2* residential duplex containing 2 bedroom and 1 bedroom units including carports
280m2* covered car park spanning front of the building
Excellent visibility and access

Lease Details:
FVS Services Group A.R.T. Air Conditioning & Electrical and Bear Instrumentation
7 Year Lease to 2026 plus 5 Year Option to 2031
Current net rent $111,818.00* plus gst per annum (CPI due for June Quarter)
Outgoings paid by Lessee

For further detailed information or inspection contact:
Jeff Constable - 0405 430 450 : email: jeff@jaysre.com.au
Nellie Smithurst - 0413 121 241 : email:nellie@jaysre.com.au

*indicates approximate