Mount Isa CBD!
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17-19 Simpson Street, Mount Isa QLD 4825

$2,900,000 + GST if applicable

RetailSize: n/a
Block size: 2250 m² approx.Retail size: 2250 m² approx.
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

Property Code: 4629

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Key details

Property type:
Retail
Block Size:
2250 *

Other Details

Retail Size:
2250 *
*These are approximate values based on available information.
City and Country Realty

Maps and area information

Block information
Block size: 2250 (approx)
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Property history

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Mount Isa suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
172
Listing ID: 182416835. This listing has been viewed 2 times. It was first displayed on 03/04/2024 and last updated on 03/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.