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

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 via Expressions of Interest closing Thursday 11 April at 3pm AEST if not sold prior.

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

*Approx.
^ Mount Isa City Council

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Contact agents
Neville Smith Partner
0400 068 205
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Ryan, QLD

15 Ryan Road

For Sale by Expression of Interest

This property is part of Portfolio 167

Price: Contact Agent

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