Overview
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1513375
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For Sale
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2026 Square metres
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1740 sqm
Description
AUCTION | SINGLE TENANT LARGE FORMAT RETAIL INVESTMENT
High Yielding, High-Profile Location, Must Be Sold!
Property Highlights
+ Single Tenant Large Format Retail
Leased to: Dollars & Sense is a 100% owned and operated chain of 21 Variety stores, employing 250 local people within regional Australia
+ Extensive refurbishment of the Dollars & Sense tenancy
+ No Land Tax payable, the land value is below the Queensland threshold
+ Additional income potential
Vacant & Unrenovated: First floor office and building (former-Telstra Exchange) with caretaker's flat
+ Best location in the Mount Isa CBD
High-profile corner site, adjacent to the iconic Isa Hotel and nearby Ibis Styles Hotel
+ Selling well below replacement cost
Building Area: 1,740m2*
Land Area: 2,026m2*
NET INCOME: $141,607 pa* + GST
MUST BE SOLD AT OR BEFORE AUCTION
AUCTION 11:30AM (AEST) 8 OCTOBER 2025
Contact exclusive agents now to:
+ Request the Information Memorandum
+ Register as a Bidder
+ Receive access details for the online Auction