5 Industrial Avenue

Ryan QLD 4825

The property includes a reception area with several private offices featuring air conditioning and staff amenities to the rear. Separate air-conditioned workshop/office spaces which leads out to the 3 massive commercial sheds (large enough for heavy machinery) with evaporative cooling and insulation throughout plus a 4th open shed to the rear. To the front of the property is the staff room/donga with kitchenette and air conditioning.

The property has the following investment highlights:

Landlord friendly 3-year net lease with 3-year option to an ASX listed company,

Long term tenant commitment ensuring income security for landlord,
Attractive landlord-friendly, net lease structure with tenant paying all outgoings as per lease,

Net rent Income: $72,800* pa with probable annual yield of 9-10%

Favourable annual CPI rental reviews,

Large3,153sqm* freehold site with renovated workshops/office space across three separate buildings

Extensive and recent maintenance overall of Fixed plant recently,

Extensive reinforced concrete hardstand over 60% (2000sqm) of the property, which caters for heavy vehicles and machinery,

Favourable Medium Impact Industrial Zoning for releasing or any future development (STCA),

Highly desirable site location,

Strategically located to service Mount Isa's $1.24 billion mining industry,
Mount Isa: the largest economic, logistic and service centre of Northern Australia

Suited in Mount Isas Commercial Precinct this opportunity cannot be missed! Call City & Country Realty TODAY! John Tully 0429 029 289, Kieran Tully 0416 177 001 or Sam Johnston 0467 076 756.

Property Code: 4101