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For Sale | Industrial new

Solid QLD Investment Asset backed by Fortune 500 Multinational

55-57 Southgate Drive
Mackay, QLD, QLD 4740
Inquire About This Property
Building Size:
1,587 SQM
Sale Price:
Lot Size
6,336 SQM
Cushman & Wakefield is pleased to present to the market 55-57 Southgate Drive, Paget (Mackay) for sale via Offers to Purchase. The property has the following key characteristics: - 10 year lease commenced 2019 - Heavy duty engineering premises in Mackay - Servicing major mining & infrastructure projects throughout the Galilee Basin & Bowen Basin - Standalone office & engineering facility totaling 1,587 sqm - Dual 25 tonne overhead gantry cranes plus large power supply - 25% site cover offering development expansion & rental upside - Large 6,336 sqm industrial site with High Impact Zoning - Cram Fluid Power is owned by Inenco Group & its Parent - Genuine Parts Company (NYSE:GPC) a Fortune 500 major American multinational with a Market Cap of $US15 Billion. Major Australian brands include Repco, NAPA Auto Super Stores, COVS Automotive & Ashdown Ingram & CBC Bearings - Tenant pays all usual outgoings (excluding Land Tax) - Current rental $243,623 pa + outgoings + GST For more information please contact the property professional at Cushman & Wakefield. - Queensland - North
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