High Yielding, High-Profile Location, Must Be Sold!
NET PASSING INCOME: $141,607 pa* + GST
FULLY LEASED NET INCOME: $269,107 pa* + GST
Property Highlights
+ Single Tenant Large Format Retail
Leased to: Dollars & Sense is a 100% owned and operated chain of 21 Variety stores, employing 250 local people within regional Australia
+ Extensive refurbishment of the Dollars & Sense tenancy
+ No Land Tax payable, the land value is below the Queensland threshold
+ Additional income potential
Vacant & Unrenovated: First floor office and building (former-Telstra Exchange) with caretaker's flat
+ Best location in the Mount Isa CBD
High-profile corner site, adjacent to the iconic Isa Hotel and nearby Ibis Styles Hotel
+ Selling well below replacement cost
Building Area: 1,740m2*
Land Area: 2,026m2*
Contact exclusive agents now to:
+ Request the Information Memorandum
*Approximate
The size of Mount Isa City is approximately 0.5 square kilometres. The population of Mount Isa City in 2016 was 95 people. By 2021 the population was 170 showing a population growth of 79.0% in the area during that time. The predominant age group in Mount Isa City is 20-29 years. Households in Mount Isa City are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Mount Isa City work in a professional occupation.In 2021, 10.30% of the homes in Mount Isa City were owner-occupied compared with 32.40% in 2016.
Mount Isa City has 231 properties. Over the last 5 years, Houses in Mount Isa City have seen a 53.84% increase in median value. As at 31 July 2026:
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