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Retail in Mount Isa, QLD10 Simpson St

10 Simpson Street, Mount Isa, QLD 4825
10 Simpson StreetMount Isa QLD 4825 AUS
-20.727813 139.494565
$995,000
  • Building area 460 sqm
  • Land area 0.25 acres / 1012 sqm

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Quick property enquiry

Freehold Investment with National Tenant

Property ID 1988119
Ray White Commercial Northern Corridor Group is pleased to offer 10 Simpson Street, Mount Isa for Sale. Features include:

- 460m2* building on 1,012m2 land
- National Tenant Repco
- Leased to 2023 with two further 5 year options
- $77,760 net income
- Annual increases
- Tenant pays 100% of outgoings

For further information or to arrange an inspection, please contact Chris Massie or Aaron Canavan.

Investment data

Key Information
Tenancy Status Currently Tenanted
Annual Yield (Gross) N/A (Marketed Without Price)
Annual Yield (Nett) N/A (Marketed Without Price)
Title Scheme Not Applicable
Other Information
Council/Shire Mount Isa
Financial Details
Rental Income (Weekly) $6,480 *
Gross Annual Income $337,885 *
Nett Annual Income $337,885 *

The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.