41 Cambridge StreetMitchell QLD 4465
Property Details for 41 Cambridge St, Mitchell
Last Listing description (September 2026)
Secure Commercial Investment
41 Cambridge Street, Mitchell QLD
Positioned on a prominent site along the Warrego Highway in the heart of Mitchell, this fully leased commercial property presents an excellent opportunity to secure a quality regional investment with immediate rental income and established long-term tenants.
Originally purpose-built as the National Australia Bank branch, the property offers a functional commercial layout, quality construction, and the flexibility that comes with a well-maintained banking
facility.
Investment Highlights
• Fully leased commercial investment
• Two established tenants providing a combined annual income of $30,000 + GST
• Gunggari Native Title Aboriginal Corporation paying $21,000 + GST + Outgoings per annum
• National Australia Bank Limited paying $9,000 + GST per annum
• Both leases provide for annual CPI rent reviews, with market rent reviews upon the commencement of option periods.
Lease Details
Gunggari Native Title Aboriginal Corporation
• Lease commenced: 13 April 2025
• Initial term: 4 years
• Options: 2 x 4-year options
• Professionally managed by LJ Hooker Roma
National Australia Bank Limited
• Lease commenced: 29 February 2024
• Initial term: 2 years
• Options: 2 x 2-year options
• Managed by the owner
Building Features
Purpose-built as a banking facility, the property includes:
• Spacious front reception and customer service area with original teller counter
• Large secure bank vault
• Four private offices
• Staff kitchen and lunchroom
• Separate male and female amenities
• Rear parking for approximately 5-7 vehicles, including 2 undercover car spaces
• Excellent exposure to passing traffic along the Warrego Highway
Located in the centre of Mitchell, this property enjoys a highly visible position within the town's commercial precinct and is surrounded by local businesses, government services and community facilities. With secure lease arrangements already in place and reliable rental income from quality tenants, this is an ideal addition to any commercial investment portfolio.
Invest in the future of one of South West Queensland's established regional communities with this well-presented, income-producing commercial property.
Contact the exclusive selling agent Andrew Busiko from LJ Hooker Roma on 0427 622 783 today for further information or to arrange an inspection.
Property History for 41 Cambridge St, Mitchell, QLD 4465
- 18 Sep 2026Sold
- 08 Jul 2026Listed for Sale Under Contract
- 13 Dec 2024Listed for Sale Sold
Recent sales nearby
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0About Mitchell 4465
The size of Mitchell is approximately 602.6 square kilometres. There are 5 parks, covering nearly 2.6% of the total area. The population of Mitchell in 2016 was 1031 people. By 2021 the population was 995 showing a population decline of 3.5% in the area during that time. The predominant age group in Mitchell is 60-69 years. Households in Mitchell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mitchell work in a labourer occupation.In 2021, 64.50% of the homes in Mitchell were owner-occupied compared with 71.20% in 2016.
Mitchell has 720 properties. Over the last 5 years, Houses in Mitchell have seen a 126.88% increase in median value. As at 31 August 2026:
- The median value for Houses in Mitchell is $211,195 while the median value for Units is $368,048.
- Houses have a median rent of $170.
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