$2,900,000 + GST if applicable

17-19 Simpson Street, Mount Isa, QLD 4825


Mount Isa CBD!

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

Property Info

Municipality
Mount Isa
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