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Auction | Industrial new

High Yielding Opportunity - Brand New 10 Year Net Lease

8 Brickworks Court
Mackay, QLD 4740
Australia
Inquire About This Property
Building Size:
3,592 SQM
Lot Size (SQM):
9653

Cushman & Wakefield is pleased to present to the market 8 Brickworks Court, Glenella (Mackay) for Sale via Auction. 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 The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 29 April at 12 noon at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW. Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne. Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield. - Queensland - North
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