64 Mica Creek RoadMica Creek QLD 4825
Property Details for 64 Mica Creek Rd, Mica Creek
Last Listing description (July 2023)
Looking for a lucrative investment opportunity in Mount Isa? Look no further than 64 Old Mica Creek Road a property boasting a rental income of $139,488 per annum.
The property itself is well-maintained and offers ample space for a variety of commercial uses, currently leased to a successful business providing a steady and reliable income stream for the savvy investor. The opportunity to obtain a large industrial site in Mount Isa is diminishing with properties being tightly held and with a number of quality commercial and investment properties being recently sold.
LEASE DETAILS:
3 Years with 2 x 3 year Options
Rent: $139,488 per annum plus gst
Annual CPI increases
Outgoings: Paid by Lessee
With freehold land area of 1.26 Hectares(3.114 acres) * the site is suitable for large medium impact industrial use.
The improvements consists of:
178m2* Modern office facility with individual offices and meeting room plus amenities
1400m2* High clearance industrial shed partly open on northern side and rear of shed, with 10 tonne overhead crane
Attached storage, crib room and amenity area
125m2* Open shed with storage area
60m2* Awning
Demountable office
4 ensuite room accommodation demountable building
Security Fenced
The property also features ample parking, making it an attractive destination for customers and clients alike.
At an asking price of $1,350,000, this property represents an exceptional opportunity for investors looking for a high-return, low-risk investment. With a solid tenant in place and a prime location, this unique property
Don't miss out on this exceptional opportunity contact us today to arrange a viewing and take the first step towards securing your future with a smart investment in commercial real estate.
*indicates approximate
Property History for 64 Mica Creek Rd, Mica Creek, QLD 4825
- 12 Aug 2023Sold for $1,260,000
- 03 Apr 2023Listed for Sale $1,350,000
- 04 Nov 2021Sold for $1,190,000
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0About Mica Creek 4825
The size of Mica Creek is approximately 1.1 square kilometres. There are 2 parks, covering nearly 3.6% of the total area. The population of Mica Creek in 2016 was 197 people. By 2021 the population was 182 showing a population decline of 7.6% in the area during that time. The predominant age group in Mica Creek is 50-59 years. Households in Mica Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mica Creek work in a managers occupation.In 2021, 70.90% of the homes in Mica Creek were owner-occupied compared with 66.00% in 2016.
Mica Creek has 39 properties. Over the last 5 years, Houses in Mica Creek have seen a -1.79% decrease in median value. As at 31 July 2026:
- The median value for Houses in Mica Creek is $649,780.
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