3-5 COMMERCIAL AVE, PAGET / MACKAY

OUTSTANDING INVESTMENT OPPORTUNITY

BUILDING AREA/S APPROX

Ground Floor Offices 101 m2

First Floor Offices 73 m2

Warehouse 1,289 m2

Total : 1,463 m2 (approx)

LAND AREA

5,067 m2

  • GONE - MORE PROPERTIES WANTED

  • National tenant with secure long-term lease

  • Current net annual rental of $249,600

  • Next 4% rent increase will be $259,584 due 01.03.2021 (as per lease agreement)

  • Tenant pays 100% of outgoings (as per lease agreement, excluding Land Tax)

  • Corner position with two-street frontage and access

  • Modern versatile building with 1,463m2 GFA (approx.)

  • Large land area of 5,601m2 on a prime corner position

  • Low 26% site cover ratio, further development potential (STCA)

  • Zoned Industry High-Impact (allows 24/7 operations)

  • Extensive carparking and hardstand areas on-site

  • Strategically located in strong and growing Mackay Region

  • Surrounded by major national and international companies

  • Very high-occupancy levels in the surrounding area

 
For SaleShane Sutton