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For Sale | Industrial Investment Property

High Yielding Opportunity - Brand New 10 Year Net Lease

8 Brickworks Court
Mackay, QLD 4740
Inquire About This Property
Building Size:
3,592 SQM
Sale Price:
Lot Size
9,653 SQM
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. - Queensland - North
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