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SOLD - Mackay - High Yielding Opportunity - Brand New 10 Year Net Lease

8 Brickworks Court Mackay QLD 4740

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Key Property Highlights

Building Area 3592 sqm
Land Area 9653 sqm
Parking Onsite car parks
Listing Status Sold

Cushman & Wakefield is pleased to present to the market 8 Brickworks Court, Glenella (Mackay) for Sale via Offers to Purchase.

The property has the following key characteristics:

  • Brand new 10 year net lease to 2031 + options to 2051
  • Head Company Lease to Porters Mitre 10 - Dominant Queensland hardware & trade retailer established 1883
  • Large 9,653 sqm land holding with low site coverage & expansion potential
  • Modern industrial premises built in 2000 & 2006 boasting 3,592 sqm of lettable area
  • Well configured site with generous concrete hardstand, truck access & flexibility of uses
  • Strategic position close to Mackay CBD & expanding residential areas of North Mackay, Mount Pleasant, Beaconsfield & Andergrove
  • Mackay - Central Queensland economic powerhouse servicing major mining, infrastructure & agribusiness projects
  • Net lease - Tenant pays all outgoings incl. Land Tax
  • Fixed 2% annual rent increases
  • Net Income $350,000 pa + GST

For more information please contact the Exclusive Property Professionals at Cushman & Wakefield.

SOLD - Mackay - High Yielding Opportunity - Brand New 10 Year Net Lease8 Brickworks CourtMackay, QLD 4740
8 Brickworks Court Mackay QLD 4740