OFF MARKET

64 Mica Creek Road
Mica Creek QLD 4825

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12570m2
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Property Details for 64 Mica Creek Rd, Mica Creek

Building Type
Commercial
Land Size
12570m2
Local Government
Mount Isa
Lot/Plan
2/MPH8002

Last Listing description (July 2023)

Looking for a lucrative investment opportunity in Mount Isa? Look no further than 64 Old Mica Creek Road a property boasting a rental income of $139,488 per annum.
The property itself is well-maintained and offers ample space for a variety of commercial uses, currently leased to a successful business providing a steady and reliable income stream for the savvy investor. The opportunity to obtain a large industrial site in Mount Isa is diminishing with properties being tightly held and with a number of quality commercial and investment properties being recently sold.

LEASE DETAILS:

Lease commenced 10/09/21
3 Years with 2 x 3 year Options
Rent: $139,488 per annum plus gst
Annual CPI increases
Outgoings: Paid by Lessee

With freehold land area of 1.26 Hectares(3.114 acres) * the site is suitable for large medium impact industrial use.

The improvements consists of:

178m2* Modern office facility with individual offices and meeting room plus amenities
1400m2* High clearance industrial shed partly open on northern side and rear of shed, with 10 tonne overhead crane
Attached storage, crib room and amenity area
125m2* Open shed with storage area
60m2* Awning
Demountable office
4 ensuite room accommodation demountable building
Security Fenced
The property also features ample parking, making it an attractive destination for customers and clients alike.

At an asking price of $1,350,000, this property represents an exceptional opportunity for investors looking for a high-return, low-risk investment. With a solid tenant in place and a prime location, this unique property
Don't miss out on this exceptional opportunity contact us today to arrange a viewing and take the first step towards securing your future with a smart investment in commercial real estate.

*indicates approximate

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Property History for 64 Mica Creek Rd, Mica Creek, QLD 4825

A timeline of how this property has performed in the market
Last Sold
$1,260,000
12 Aug 2023
Listed for Rent
03 Aug 2021
  • 12 Aug 2023
    Sold for $1,260,000
  • 03 Apr 2023
    Listed for Sale $1,350,000
  • 04 Nov 2021
    Sold for $1,190,000
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About Mica Creek 4825

The size of Mica Creek is approximately 1.1 square kilometres. It has 2 parks covering nearly 3.6% of total area. The population of Mica Creek in 2011 was 212 people. By 2016 the population was 189 showing a population decline of 10.8% in the area during that time. The predominant age group in Mica Creek is 40-49 years. Households in Mica Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mica Creek work in a trades occupation. In 2011, 79.3% of the homes in Mica Creek were owner-occupied compared with 66% in 2016..

Mica Creek has 39 properties. Over the last 5 years, Houses in Mica Creek have seen a 151.67% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mica Creek is $509,661.
There are currently no properties listed for sale, and 1 property listed for rent in Mica creek on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Mica creek.

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