Secure Commercial Investment
41 Cambridge Street, Mitchell QLD
Positioned on a prominent site along the Warrego Highway in the heart of Mitchell, this fully leased commercial property presents an excellent opportunity to secure a quality regional investment with immediate rental income and established long-term tenants.
Originally purpose-built as the National Australia Bank branch, the property offers a functional commercial layout, quality construction, and the flexibility that comes with a well-maintained banking
facility.
Investment Highlights
* Fully leased commercial investment
* Two established tenants providing a combined annual income of $30,000 + GST
* Gunggari Native Title Aboriginal Corporation paying $21,000 + GST + Outgoings per annum
* National Australia Bank Limited paying $9,000 + GST per annum
* Both leases provide for annual CPI rent reviews, with market rent reviews upon the commencement of option periods.
Lease Details
Gunggari Native Title Aboriginal Corporation
* Lease commenced: 13 April 2025
* Initial term: 4 years
* Options: 2 x 4-year options
* Professionally managed by LJ Hooker Roma
National Australia Bank Limited
* Lease commenced: 29 February 2024
* Initial term: 2 years
* Options: 2 x 2-year options
* Managed by the owner
Building Features
Purpose-built as a banking facility, the property includes:
* Spacious front reception and customer service area with original teller counter
* Large secure bank vault
* Four private offices
* Staff kitchen and lunchroom
* Separate male and female amenities
* Rear parking for approximately 5-7 vehicles, including 2 undercover car spaces
* Excellent exposure to passing traffic along the Warrego Highway
Located in the centre of Mitchell, this property enjoys a highly visible position within the town’s commercial precinct and is surrounded by local businesses, government services and community facilities. With secure lease arrangements already in place and reliable rental income from quality tenants, this is an ideal addition to any commercial investment portfolio.
Invest in the future of one of South West Queensland’s established regional communities with this well-presented, income-producing commercial property.
Contact the exclusive selling agent Andrew Busiko from LJ Hooker Roma on 0427 622 783 today for further information or to arrange an inspection.