Investment Property Available
For Sale
  • Showrooms/Bulky Goods

    • FOR SALE | Fully Tenanted Investment in Mackay CBD

    17 Milton Street, Mackay, QLD 4740 Australia
    Investment Property Available
    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

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