Savills | Kmart Plaza, 22 Simpson Street, Mount Isa | Property for sale
9,685 sq m
Price on application

Kmart Plaza22 Simpson Street, Mount Isa


    Key features

    • Dominant enclosed sub-regional centre
    • Dual anchored by Coles & Kmart
    • 71% of income* underpinned by Majors
    • Convenience based centre with a low specialty ratio of 18.35%* of total GLA
    • Strong trade area income profile
    • Long major tenant WALE of 11.5 years* (by income)
    • Value-add opportunity through leasing & remixing
    • GLA of 9,685sqm* - Site area of 19,650sqm*
    • Expansive catchment area
    • Fully leased Net income $3.44 million p.a.*

    Mt Isa Village | Dominant Convenience-Based Shopping Centre

    About this property

    • Savills is pleased to offer for sale a 100% freehold interest in Mt Isa Village shopping centre. This is an outstanding opportunity to acquire a dominant convenience based shopping centre, which dominates Mt Isa and benefits from an expansive surrounding trade area in the North West Minerals Province, one of the world’s richest mineral resource regions.

      For sale by Expressions of Interest closing 3pm AEST, Thursday 18 March 2021

      *Approximate

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aExpression of Interest9685.00sq mAvailable