Affordable Freehold Industrial Investment Leased to Global Mining Giant | Renewed 5 Year Net Lease to 2028

15 Ryan Road , Ryan QLD

Property Highlights

1 x 5 year option to 2033
Substantial 4,373sqm* site
Subsid. of Sandvik (STO: SAND)
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Description

Burgess Rawson is pleased to offer to the market DSI Underground Mount Isa located at 15 Ryan Road, Ryan (Mt Isa) QLD for sale via our Investment Portfolio 167.

The property has the following investment highlights:

+ Recently renewed five (5) year net lease to September 2028
+ One (1) further five (5) year option to September 2033
+ DSI Underground: Australia’s largest manufacturer & supplier of specialist strata reinforcement & support products to the underground mining sectors & subsidiary of Sandvik (STO: SAND) – a global engineering firm with a market cap of $40.95 billion AUD
+ Fixed 3% annual rent increases with ratchet provisions at market review, ensuring future rental growth
+ Landlord favourable net lease terms with the tenant paying all outgoings including land tax
+ Substantial on-site accommodation comprising an impressive 1,300sqm* warehouse facility, separate workshop building and two detached on-site offices
+ Expansive 4,373sqm* corner freehold site centrally located in Mount Isa’s industrial precinct with dual street access and ample hardstand
+ Favourable ‘Medium Impact Industry’ zoning accommodating for industrial uses which require larger sites in locations separated from sensitive land uses
+ Prominently positioned within a 1.5km* radius of Mount Isa’s major mining facilities
+ Mount Isa Regional Council: the largest economic, logistics and service centre of Northern Australia with a Gross Regional Product (GDP) of $1.82 billion^
+ Net Income: $100,499 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 28 March 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

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

*Approx.
^ Mount Isa City Council

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
4,373 SQM
Building Area
1,300 SQM

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