Stonebridge is pleased to present Isa House for sale via Expressions of Interest closing Thursday 28 November at 3pm (AEDT).
The asset has the following key investment features:
- Secure Government anchored asset with guaranteed rental growth via fixed & CPI annual rent increases
- 91% of income secured by Government tenants with some in occupation for up to 20+ years
- Significant 6,468 sqm* landholding in Mount Isa CBD with 240 m* frontage to three major thoroughfares, plus 40 at grade car parks and significant street parking
- Modern office accommodation across 4,181 sqm* of lettable area, home to a diverse array of 11 government and private sector tenants
- Immediate income uplift potential with 805sqm* space ready to lease
- Less than 400 metres* to Coles anchored shopping centre with 18+ specialties and strong performing Bunnings Warehouse
- Surrounded by further national retailers Woolworths, McDonalds, KFC, Hungry Jacks, Kmart, Subway and more within a 1km* radius
- Mount Isa – Administrative, commercial & industrial centre for Queensland’s north west with $2.2Bn* development pipeline
- Estimated Net Income $1,117,618 pa* + GST
Isa House is for sale via Expressions of Interest closing Thursday 28 November at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1112