89 West StreetMenzies QLD 4825
Property Details for 89 West St, Menzies
Last Listing description (May 2022)
Brand new 10-year lease to 2032 plus options to 2080.
Secured by Bunnings Group Limited, Australia's leading DIY home improvement retailer.
Bunnings recently announced a 26.1% sales growth over the past 2 years (1).
Annual rent reviews.
Brand new development, opened in February 2022, with 64% of year 1 rent ($442,000) potentially tax deductible (2).
15,430sqm corner landholding with 165 at-grade car spaces.
Strategic location in major regional hub supported by Coles, Kmart, Woolworths, KFC and McDonald's, all within 1km.
Mount Isa: median house price up 23% in the last 12 months (3).
Net Income: $695,000pa*
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 11 May 2022
Crown - Melbourne
*Approx
1 Wesfarmers
2 Mazo Pty Ltd
3 CoreLogic
Property History for 89 West St, Menzies, QLD 4825
- 11 May 2022Sold for $16,202,000
- 11 Apr 2022Listed for Sale Price on Request
- 06 Sep 2016Sold for $550,000
Recent sales nearby
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0About Menzies 4825
The size of Menzies is approximately 1.0 square kilometres. It has 2 parks covering nearly 37.5% of total area. The population of Menzies in 2016 was 985 people. By 2021 the population was 824 showing a population decline of 16.4% in the area during that time. The predominant age group in Menzies is 20-29 years. Households in Menzies are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Menzies work in a professional occupation.In 2021, 34.20% of the homes in Menzies were owner-occupied compared with 34.30% in 2016.
Menzies has 567 properties. Over the last 5 years, Houses in Menzies have seen a 4.58% increase in median value, while Units have seen a 12.00% increase. As at 30 November 2025:
- The median value for Houses in Menzies is $263,190 while the median value for Units is $249,643.
- Houses have a median rent of $430 while Units have a median rent of $305.
Suburb Insights for Menzies 4825
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