OFF MARKET

41 Commercial Road
Ryan QLD 4825

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4143m2
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Property Details for 41 Commercial Rd, Ryan

Building Type
Commercial
Land Size
4143m2
Local Government
Mount Isa
Lot/Plan
1/MPH22143

Last Listing description (February 2023)

Burgess Rawson and Jays Real Estate are pleased to offer to market Epiroc located at 41-43 Commercial Road, Ryan (Mount Isa) QLD for sale via our Investment Auction Portfolio 158.

The property has the following investment highlights:

+ Landlord friendly 3 year net lease with 3 year option to International Mining and Infrastructure Company - Epiroc (EPI-A)

+ Epiroc (EPI-A): a Swedish manufacturer of mining and infrastructure equipment based in Stockholm, Sweden, with major offices in over 150 countries and a market capitalisation of $34.570 billion AUD
+ Long term tenant commitment with a head office lease to Epiroc Australia - tenant has been at same location for over 25 years, ensuring income security for landlord
+ Attractive landlord-friendly, net lease structure with tenant paying all outgoings as per lease, including land tax as a single unit holding
+ Favourable annual CPI rental reviews (uncapped)
+ Rare 4,143sqm* freehold site with 1,131sqm* NLA of newly renovated workshop/office space across two separate buildings
+ 1,820sqm* total hardstand - 685sqm* of 170mm reinforced concrete hardstand, which caters for heavy vehicles and machinery, and 670sqm* of 100mm concrete hardstand
+ Favourable Medium Impact Industrial Zoning for releasing or any future development (STCA)
+ Highly desirable corner site location with dual street access from Enterprise Road and Commercial Road
+ Strategically located to service Mount Isa's $1.24 billion mining industry
+ Mount Isa: the largest economic, logistic and service centre of Northern Australia
+ Net Income: $120,000* pa + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 23 February 2023
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

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Property History for 41 Commercial Rd, Ryan, QLD 4825

A timeline of how this property has performed in the market
Last Sold
$1,365,000
24 Feb 2023
  • 24 Feb 2023
    Sold for $1,365,000
  • 24 Jan 2023
    Listed for Sale Price on Request
  • 07 Apr 2008
    Sold for $890,000
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About Ryan 4825

The size of Ryan is approximately 1.6 square kilometres. It has 6 parks covering nearly 9.1% of total area. The population of Ryan in 2011 was 1,450 people. By 2016 the population was 156 showing a population decline of 89.2% in the area during that time. The predominant age group in Ryan is 40-49 years. Households in Ryan are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Ryan work in a machinery operators and drivers occupation. In 2011, 49.4% of the homes in Ryan were owner-occupied compared with 60% in 2016..

Ryan has 165 properties. Over the last 5 years, Houses in Ryan have seen a 101.67% increase in median value. As at 31 October 2024:

  • The median value for Houses in Ryan is $456,192.
There are currently 1 property listed for sale, and 1 property listed for rent in Ryan on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Ryan.

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