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Overview

  • 1513376
  • For Sale
  • 1019 Square metres
  • 692 sqm

Description

FOR SALE | COMMONWEALTH BANK ANCHORED RETAIL CENTRE, HIGH YIELDING INVESTMENT, HIGH PROFILE CORNER LOCATION

FOR SALE | COMMONWEALTH BANK ANCHORED RETAIL CENTRE, HIGH YIELDING INVESTMENT, HIGH PROFILE CORNER LOCATION

McGees Property Brisbane is exclusively appointed to offer for sale 22 Miles Street, Mount Isa City by Expressions of Interest closing 5:00pm (AEST) 5th December 2024.

Excellent opportunity to acquire a long-term performing retail centre located on one of the most prominent intersections in Mt. Isa. Perfect investment for a private investor, SMSF or property syndicator.

PROPERTY PARTICULARS

• Major Tenant: Commonwealth Bank of Australia
• Interest for Sale: 100% freehold interest
• Lettable Area: 692m²*
• Site Area: 1,019m²*

FINANCIAL HIGHLIGHTS

• Estimated Net Income - Passing $137,920 per annum
• Estimated Net Income - Fully Leased $173,642 per annum

ELECTRONIC DATA ROOM

• Due diligence material is available, contact the exclusive marketing agents for access

Should you require further information please don't hesitate to contact the exclusive marketing agents.

*All numbers are approximate


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