High Yielding LFR Investment | Long Term Net Lease to Proven National Operator
Description
Burgess Rawson from CBRE is pleased to offer to the market Pets Domain Mount Isa for sale via Investment Portfolio Auction 180.
The opportunity has the following investment highlights:
+ New seven (7) year head office net lease to 2031 plus four (4) further five (5) year options to 2051
+ Pets Domain: a wholly owned subsidiary of Pet Solutions with product lines including Natures Best, plus 80 stores across Australia with a pipeline of further growth forecasted
+ Pet Solutions Group: full-service sales group helping brands navigate the pet industry for over 19 years
+ Attractive, high-yielding single tenant minimum management commercial investment to a proven national retailer
+ Investor preferred net lease terms with tenant responsible for all usual outgoings as per the lease
+ Fixed, compounding 3% annual rent increases ensuring continued income growth
+ Well-presented and maintained 913sqm* building with recent refurbishment completed in 2025 including brand new air-conditioning throughout the whole building
+ High exposure 913sqm* freehold corner landholding (over two titles) serviced by important 90 council car parks
+ Impressive capital-intensive fit-out including large open plan retail space, aquarium, frozen pet food section & DIY dog wash (only dog wash in Mt Isa)
+ Strategic position 1km* from the Mt Isa City Centre in the desirable family-oriented suburb of Mornington
+ 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: $123,600 pa* + GST
For Sale via Investment Portfolio Auction 180
10.30am AEST Thursday 23 October 2025
Elevate Room, The Westin, Brisbane
Please contact the exclusively appointed sales team for more information.
*Approx.
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Contact agents
Tom Lawrence Sales Executive
0428 626 117
Craig Chapman Senior Sales Executive
0427 110 132
Matt Smith Sales Cadet
0497 263 244Enquiry Form
Mornington, QLD
23 East Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 180
Contact agents
-
Tom Lawrence Sales Executive
0428 626 117 -
Craig Chapman Senior Sales Executive
0427 110 132 -
Matt Smith Sales Cadet
0497 263 244