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For Sale | Industrial Investment Property

QLD Industrial Investment - Leased to Fortune 500 Company

55-57 Southgate Drive
Mackay, QLD, QLD 4740
Australia
Inquire About This Property
Building Size:
1,587 SQM
Lot Size (SQM):
6336

Cushman and Wakefield invite you to take advantage of this unique investment opportunity with multiple assets available for purchase individually or in one line. • Cram Fluid Power is an industry leading Hydraulic and Power Fluid business with operations in QLD, NSW and WA, locally owned by the Inenco Group (Consolidated Bearings, Hardy Spicer) • Wholly owned subsidiary of Genuine Parts Company (NYSE:GPC), a Fortune 500 American multinational with a Market Cap of $US15.4 Billion • Major Australian brands include Repco, NAPA Auto Super Stores, COVS Automotive and Ashdown Ingram Current Opportunities: QLD: 55-57 Southgate Drive, Paget Mackay. For Sale POA - Leased for $239,316 pa net + GST NSW: 11 Enterprise Drive, Tomago Newcastle. For Sale POA - Leased for $119,064 pa net + GST NSW: 8 Glastonbury Avenue, Unanderra - Under Contract NSW: 10 Glastonbury Avenue, Unanderra - Under Contract NSW: 11 Glastonbury Avenue, Unanderra - Under Contract NSW: 13 Glastonbury Avenue, Unanderra - Under Contract 55-57 Southgate Drive, Paget, Mackay QLD • 1,587 sqm total building area* • 6,336 sqm large industrial site • Low 25% site cover allowing for future development upside • Stand-alone single air conditioned level office • Heavy Duty Engineering Workshop includes large 630 AMP 3 phase power supply • Significant fit out includes Two 25 tonne overhead gantry cranes • Large concrete and compacted hardstand area • Paget is Mackay’s primary industrial area servicing major mining and infrastructure projects throughout the region including the many resource rich operations in the Galilee Basin and Bowen Basin • Mackay Ports including Hay Point and Abbott Point are major Australian bulk export port facilities interconnected with rail lines to the terminals directly from the mines. Primary exports include metallurgical coal, a key resource used for manufacturing steel • New 10 year lease commenced 30 May 2019. Lessee has the right to review the lease terms after year four. • Tenant pays all outgoings including Land Tax on a single holding basis • Current net annual rental $239,316 pa + GST *Approx. Contact the Exclusive Agents at Cushman and Wakefield for further details.
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