Investment Property Sold
For Sale Showrooms/Bulky Goods

FOR SALE | Fully Tenanted Investment in Mackay CBD

17 Milton Street, Mackay, QLD 4740 Australia
Investment Property Sold
For Sale Showrooms/Bulky Goods

FOR SALE | Fully Tenanted Investment in Mackay CBD

17 Milton Street, Mackay, QLD 4740 Australia
Building Size
1,941 SQM
Lot Size
2,037 SQM
Building Size
1,941 SQM
Lot Size
2,037 SQM

OVERVIEW

Cushman & Wakefield is pleased to present a fully tenanted investment in the heart of the Mackay CBD offering dual street frontage, the 2,037m2 site is prominently situated with exposure to both Milton Street as well as Peel Street. Strategically located neighbouring the largest shopping centre in Mackay, Caneland Central Shoppingtown attracts over 5 million visitors annually.


The key highlights of the opportunity include:

•       Secure WALE of 4.17 years (by Area) anchored by a new 5-year lease to Ultra-Tune expiring 2030 with options till 2035

•       Dual street frontage with 20m* street exposure to both Milton Street and Peel Street

•       Ultra-Tune is one the largest Australian-owned automotive franchise with over 270 locations across Australia

•       Strategically located neighbouring Caneland Shoppingtown as well as several multi-national covenants such as Officeworks, Hungry Jacks, Chemist Warehouse, Jaycar and more.

 

Net Income of $318,260* per annum.


The property is offered For Sale via Expressions of Interest Campaign (EOI) closing Wednesday 11th March at 4:00pm (AEST).

To obtain further information or arrange an inspection please contact the exclusive selling agents.

*Approximately

- Brisbane - South

CONTACT

Key Features
  • Net income of $318,260*
  • Heart of Mackay CBD
  • Secure 4.17 Year WALE (By Area)

Details

Building Size:
1,941 SQM
Sale Price:
Contact us for pricing
Lot Size:
2,037 SQM

CONTACT

FOR SALE | Fully Tenanted Investment in Mackay CBD

LOCATION

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Cookie preferences
Agree All
Reject All
SAVE SETTINGS
Essential
Non Essential
Marketing