9 Simpson StreetMount Isa City QLD 4825
Property Details for 9 Simpson St, Mount Isa City
Last Listing description (October 2023)
Prime Commercial Property for Sale - High ROI
Welcome to 9 Simpson St, Mount Isa, where an exceptional commercial property with dual tenancies is waiting for you. This property offers a solid annual income of $52,000, presenting a remarkable investment opportunity with an impressive Return on Investment (ROI) of 11.5%. Don't miss out on securing this lucrative asset!
Property Features:
Dual Tenancies: This commercial property comprises two separate tenancies, providing you with the flexibility to lease both units or occupy one (after an existing tenant vacates) while generating rental income from the other. The choice is yours, offering versatility in maximizing your returns.
Total Land Area of 1012m2: With a spacious land area, this property allows for future expansion or customization opportunities, providing added value to your investment. (STCA)
385m2 Building*: The building is split into two separate tenancies, offering ample space for business operations. Each unit is independently metered for power, ensuring convenience and accurate billing.
Security Fenced: The property is fully secured with a sturdy fence, providing peace of mind and protection for your tenants and their businesses.
ROI of 11.5%: With an annual income of $52,000, this commercial property offers an impressive ROI of 11.5%. This exceptional return on investment showcases the profitability and long-term financial gains this property can provide.
Strong Investment Potential: This property is strategically located to take advantage of growth and business opportunities. The demand for well situated office and commercial space ensures a steady stream of tenants and potential for future rental growth.
Convenient Location: Situated in the heart of Mount Isa, this property offers excellent connectivity to key amenities, major transport routes, and the business community, allowing your tenants to benefit from the prime location on offer.
Don't miss out on this exceptional commercial property investment opportunity! Act now to secure your financial future. Contact us today to arrange a viewing or obtain further information. Opportunities like this are rare, seize it while you can!
Disclaimer: The ROI percentage is based on the current annual income and purchase price. Please conduct independent research and consult with financial professionals for a comprehensive evaluation of your potential ROI.
Property History for 9 Simpson St, Mount Isa City, QLD 4825
- 28 Jul 2023Sold for $420,000
- 26 Jun 2023Listed for Sale $450,000
- 20 Mar 2004Sold for $235,000
Recent sales nearby
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0About Mount Isa City 4825
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:
- The median value for Houses in Mount Isa City is $298,036 while the median value for Units is $368,304.
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