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8 Brickworks Court, Mackay, Qld 4740

8 Brickworks Court, Mackay, Qld 4740

Industrial/Warehouse Showrooms/Bulky Goods Offices

  • For Sale
  • Contact Agent
  • For Sale

High Yielding Opportunity - Brand New 10 Year Net Lease

  • High Yielding Opportunity
  • Fixed 2% annual rent increases
  • Fixed $350,000 pa + GST

  • Land Area
  • 0.97ha (2.39 acres) (approx)
  • Floor Area
  • 3,592 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • May 12, 2021

Interested in this property? Contact an Agent today

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street

Brisbane City Qld 4000

Michael Collins, Cushman & Wakefield - Brisbane
Michael Collins
Tom Moreland, Cushman & Wakefield - Brisbane
Tom Moreland

High Yielding Opportunity - Brand New 10 Year Net Lease

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.

8 Brickworks Court, Mackay, Qld 4740

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