The property, leased to Nutrition Warehouse, was sold via Cushman & Wakefield’s Sam Polichronis and Jack Neumann, highlighting ongoing demand for affordable industrial investments in key regional Queensland markets.
Cushman & Wakefield’s Sam Polichronis said private investors continue to target Mackay due to its relative affordability, strong underlying industrial fundamentals and attractive income returns.
“Investor appetite for well-leased industrial assets across regional Queensland remains extremely strong, particularly from interstate private buyers seeking secure income and long-term growth potential” he said.
Jack Neumann of Cushman & Wakefield said “Mackay continues to benefit from a diverse economic base and limited supply of quality industrial stock, which is underpinning buyer competition across the market.”
The sale adds to more than $70 million in transactions completed by the team across Mackay over the past three years.
