Jays Real Estate proudly presents an outstanding investment opportunity with this government-standard commercial building, strategically located on a prominent 2,024m² block just on the edge of Mount Isa's CBD. This high-exposure site is currently leased to four (4) separate tenancies -including two key anchor tenants – Commonwealth Government Departments – ensuring a stable, diversified income stream for investors. Generating an impressive net income of approximately $272,477.62 p.a. + GST, this asset is truly an investor's dream. 42-44 Simpson Street, Mount Isa highlights: + High Yielding Investment Opportunity + Significant CBD Mixed Use Block of 2024m² + Three Buildings - Total 961m² of Lettable Area + Fully Tenanted to Multiple Essential Services Tenants + Four Tenants - Including Two Key Anchor Tenants of Commonwealth Government Departments + Purpose-Built Government Office Accommodations with Longstanding Reliable Commonwealth Government Tenants (Over 20 Years of Occupancy) + High Traffic Location in the Heart of a Major Regional Centre + Future Development Potential (STCA) – Opportunity to Subdivide or Construct Additional Government-Grade Office Space + Estimated Net Income of $272,477 plus GST. While the major government tenancy is currently on a shorter lease term, its continuous occupancy for over two decades (despite name changes) demonstrates strong long-term commitment. In addition, demand for high-quality office space in Mount Isa remains high, with minimal availability and limited new supply. 42-44 Simpson Street, Mount Isa is for sale via Expressions of Interest, with offers closing Wednesday the 6th of August 2025 at 5pm (AEST). Contact the Jays Commercial Manager - Kerryn on 0498 187 908 for more information.
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