Mount Isa commercial property sales and leasing trends
2023 is already more than half over, so it’s a good time to look at commercial property trends in our market. Our specialist team at Jays Real Estate deals with Mount Isa commercial property buyers, sellers, landlords and tenants every day.
Commercial property sales
If you’re looking to sell or buy commercial property in Mount Isa, then you should look no further than our team. We sell far more commercial real estate than anyone else in Mount Isa, as industry statistics clearly show.
Commercial property prices vary significantly depending on the property’s size, characteristics and potential uses. Some of our recent Mount Isa commercial property sales include:
- warehouse, factory and industrial space in Barnes Street.
- warehouse, factory and industrial space on Commercial Road.
- office space in Marian Street.
- warehouse, factory, industrial and showroom space on Duchess Road.
If you’re looking to buy commercial property in Mt Isa, you can view our current range of listings here.
If you would like to find out about listing your Mt Isa commercial property for sale with us, you can get in touch with us here.
Commercial property leases
Commercial property leasing agreements in Mount Isa vary significantly depending on a property’s size, characteristics and potential uses. Some recently leased properties for our Mount Isa commercial property clients include:
- office space in Miles Street.
- warehouse, factory and industrial space on Ryan Road.
- retail showrooms in Marian Street.
- office space and retail shops on Sunset Drive.
If you’re looking to lease commercial property in Mt Isa, you can view our current range of listings here.
If you are a commercial landlord and would like to find out about how we can source high quality tenants for you and manage your Mount Isa property, you can get in touch with us here.
The Mount Isa economy
The Mount Isa commercial property market is underpinned by a strong local economy. It is primarily driven by mining and mineral processing industries, making it a key player in Australia’s resource sector.
Mount Isa is renowned for its rich reserves of copper, lead, zinc, and silver. Glencore, a global mining company, operates the Mount Isa Mines, which is one of the largest single-site copper mines in the world. This mining operation has been instrumental in propelling the local economy, creating jobs and attracting a diverse workforce to the region.
Numerous businesses in the region are indirectly supported by mining-related activities. The city’s infrastructure has developed to help accommodate the needs of the mining workforce.
Beyond mining, Mount Isa has a vibrant retail and service sector that caters to both residents and tourists. The city serves as a regional hub, offering a range of amenities including shopping centres, healthcare facilities, educational institutions and entertainment venues.
The tourism industry has also gained momentum, with visitors coming to explore the natural beauty of the surrounding region, including the stunning outback landscapes and the nearby Riversleigh World Heritage fossil site.
The local government actively encourages investment in sectors such as renewable energy, agriculture and tourism to reduce Mount Isa’s reliance on the mining industry and create new employment opportunities.
The bottom line
Mount Isa is a relatively stable and attractive commercial property market that you can invest in with confidence.
About Us
Jays Real Estate has been Mount Isa’s premier commercial and residential and real estate agency since 1981.
If you’re thinking about leasing, selling, buying or renting any Mt Isa property, or you need your property professionally managed, then contact our team today for an obligation-free chat!
We’d be happy to provide you with advice and to answer any property questions you have.