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Retail For Sale found in TI TREE, NT 0872

Properties located in the surrounding suburbs

MULTINATIONAL RETAIL COMPLEX WITH UPSIDE

Retail

Colliers International are pleased to exclusively present 27 Corbould Street, Mount Isa for sale via Offer to Purchase.
This property represents a premium investment opportunity in a tightly-held market with secure income from multinational tenants, Hungry Jacks and Sunshine Kebabs.
Key features include;
- 12 year lease to multinational tenant, Hungry Jacks until 2027 with options to 2047
- 10 year lease to Sunshine Kebabs until 2025 with options to 2050
- Modern centre constructed in late 2015 giving depreciation benefits
- Strategic highway position at entry to the CBD of Mount Isa with prominent signage opportunities
- Dual street access
- Large 2,017m² corner site with convenient drive through facility
- Attractive annual increases of 4%
- Net income $339,279 per annum+ GST fully leased
For further information, contact the exclusive marketing agents at Colliers International.

Read more
Price Contact Agent
Building 407m²
Land 2017m²
Occupancy Vacant
Property ID 257053

VERSATILE AND AFFORDABLE INDUSTRIAL PROPERTY IN HIGH TRAFFIC...

Offices | Industrial | Retail

Occupy and trade from one tenancy and collect the rent from the other tenancy to assist with the loan repayments. Spacious tiled showroom adjacent to a large warehouse area with access via high clearance automatic roller door.
Tenancy 1
Main tiled Showroom of 93m2
Warehouse area of 225m2 with 3 internal offices/storerooms
Kitchenette
1st floor administration area with split system air conditioning
Disabled bathroom facilities
Tenancy 2
Leased to Framed in Alice till 30/5/20
Current rental of $12,667pa + Outgoings
147m2 tenancy with Roller door access
Property land area of 820m2
Total building area of 493m2
Concreted onsite car park plus adjacent street parking

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Price: $750,000 + GST    Building: 820m²    Land: 820m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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