3-5 COMMERCIAL AVE, PAGET / MACKAY
OUTSTANDING INVESTMENT OPPORTUNITY
BUILDING AREA/S APPROX
Ground Floor Offices 101 m2
First Floor Offices 73 m2
Warehouse 1,289 m2
Total : 1,463 m2 (approx)
LAND AREA
5,067 m2
GONE - MORE PROPERTIES WANTED
National tenant with secure long-term lease
Current net annual rental of $249,600
Next 4% rent increase will be $259,584 due 01.03.2021 (as per lease agreement)
Tenant pays 100% of outgoings (as per lease agreement, excluding Land Tax)
Corner position with two-street frontage and access
Modern versatile building with 1,463m2 GFA (approx.)
Large land area of 5,601m2 on a prime corner position
Low 26% site cover ratio, further development potential (STCA)
Zoned Industry High-Impact (allows 24/7 operations)
Extensive carparking and hardstand areas on-site
Strategically located in strong and growing Mackay Region
Surrounded by major national and international companies
Very high-occupancy levels in the surrounding area