Cushman & Wakefield is pleased to present BCF in Mount Isa to the market for sale via Expressions of Interest closing at 4pm on Wednesday the 23rd of August 2023.
With rental income underpinned by head company and ASX Powerhouse Super Retail Group (ASX: SUL), BCF Mount Isa offers the rare opportunity for the astute investor to secure a freestanding retail investment within one of Australia's most reputable and longstanding mining locations that doubles as Northwestern Queensland's main commercial and logistics hub.
Having occupied the building since 2010, BCF have recently entered into a brand new six (6) year term with options until 2035.
The property offers the following features:
Leased to BCF (Australia's leading boating, camping, and fishing store)
BCF is part of ASX Powerhouse Super Retail Group (ASX: SUL) - market capitalisation of $2.69b*
Brand New 6 Year Lease to 2029 + options until 2035
Attractive CPI annual increases
Site Area: 2,024m*
Located in the heart of Mount Isa Region Population: 22,000+*
Net Annual Rent: $186,467*
For further information or to arrange an inspection please contact Daniel Cullinane or Patrick Birchley of Cushman & Wakefield National Investment Sales.
*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 11.16% increase in median value. As at 31 May 2026:
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