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Mount Isa Village, 22 Simpson Street, Mount Isa, Qld 4825

Mount Isa Village, 22 Simpson Street, Mount Isa, Qld 4825

Retail Hotel/Leisure Showrooms/Bulky Goods

  • For Sale
  • Contact Agent
  • Expression of Interest

  • Land Area
  • 1.97ha (4.86 acres) (approx)
  • Floor Area
  • 9,685 m²
  • Tenure Type
  • Vacant Possession
  • Building
  • Whole
  • Last Updated
  • May 25, 2021

Additional Details

Interested in this property? Contact an Agent today

JLL - Brisbane

Central Plaza One Level 39, 345 Queen Street

Brisbane City Qld 4000

Savills - Brisbane

Level 33, Riverside Centre, 123 Eagle Street

Brisbane City Qld 4000

Dominant Convenience-Based Shopping Centre

JLL & Savills, as joint exclusive agents, are pleased to offer a 100% freehold interest in Mt Isa Village.

Mt Isa Village comprises a modern enclosed convenience sub-regional shopping centre, dual-anchored by a strongly trading full-line Coles Supermarket and a Kmart Discount Department Store, supported by 19 specialty shops, 2 kiosks and 2 ATMs.

Mt Isa Village is being offered For Sale by Expressions of Interest closing 3PM AEST, Thursday 18 March 2021.

• Enclosed sub-regional centre dual anchored by Coles and Kmart.
• Dominant retail centre in expansive catchment.
• Convenience based centre with a low specialty ratio of 18.35%* of Total GLA.
• Strong trade area income profile.
• Exceptional supermarket performance and sustainable specialty GOCR.
• Substantial centre refurbishment in 2014 with total costs of $10M* including expansion & refurbishment of the Coles supermarket, refurbishment of Kmart, new majors loading docks, roof works, upgrade of common areas & mechanical plant upgrade.
• Attractive major tenant lease terms, including: Strong outgoings recovery, low turnover rent thresholds, Coles trading well into turnover

Mount Isa Village, 22 Simpson Street, Mount Isa, Qld 4825

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