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Southern Cross Industrial Group's Australian Head Office, 134-140 Diesel Drive, Paget, QLD, 4740

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Southern Cross Industrial Group's Australian Head Office, 134-140 Diesel Drive, Paget, QLD, 4740

Paget

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Southern Cross Industrial Group's Australian Head Office, 134-140 Diesel Drive, Paget, QLD, 4740

Paget

SOLD
Southern Cross Industrial Group's Australian Head Office, 134-140 Diesel Drive, Paget, QLD, 4740

Southern Cross Industrial Group's Australian Head Office, 134-140 Diesel Drive, Paget, QLD, 4740

Properties / Sold / Queensland / Paget
Tenanted Investment
Selling Method
EOI
Selling Details
Please Contact Agents
Land Area
31,100 m² (*approx)
Floor Area
3851 m² (*approx)
Property Type
Industrial, Other, Land
Sub-type
Office/Warehouse
Terms
10-year lease until 2033 + options until 2043
Est. Income
$1,236,000 p/a
Fully Leased
Southern Cross Industrial Group
Car Spaces
80
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For Sale - Southern Cross Industrial Group's Australian Head Office
  • Brand new industrial investment
  • 10-year lease until 2033
  • Net Annual Rent: $1,236,000pa*

Cushman & Wakefield National Investment Sales are delighted to present Southern Cross Industrial Group’s Australian Head Office to the market for sale via Expression of Interest closing at 4pm on Wednesday the 8th of May 2024.

The asset offers the following key attributes:

- Southern Cross Industrial Group’s Australian Head Office

- Brand new industrial investment - completed in 2023

- 10-year lease until 2033 + options until 2043

- Leased to Southern Cross Industrial Group ($70m+ revenue in 2023)

- 3.11 Ha Site Area

- 15,280m2 unimproved allotment allowing a range of additional development options (STCA).

- 3,851m2 Total Gross Floor Area

- Improvements comprise Retail, Office, Warehouse and Workshop areas

- Tenant pays 100% of the outgoings

- Attractive 3.0% increases

- Located in Paget - 10 minutes south from the Mackay CBD

- Paget is widely regarded as Australia’s best regional industrial market

- Located alongside national tenants including Hastings Deering, Blackwood’s, Thiess and Komatsu

- Mackay is the gateway to Queensland's Greater Whitsunday Region (population 135,000+)

Net Annual Rent: $1,236,000pa

For further information, to arrange an inspection or to access the due diligence data room, please contact Daniel Cullinane, Patrick Birchley or Evi Meka of Cushman & Wakefield National Investment Sales.

*Approximate

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

134-140 Diesel Drive Investment Summary

Property Type
Industrial, Other, Land
Sub-type
Office/Warehouse
Est. Income
$1,236,000 p/a
Tenant
Southern Cross Industrial Group
Terms
10-year lease until 2033 + options until 2043
Land Area
31,100 m² (*approx)
Floor Area
3851 m² (*approx)
Car Spaces
80
Selling Method
EOI
Selling Details
Please Contact Agents

Investment Highlights

For Sale - Southern Cross Industrial Group's Australian Head Office
  • Brand new industrial investment
  • 10-year lease until 2033
  • Net Annual Rent: $1,236,000pa*

Cushman & Wakefield National Investment Sales are delighted to present Southern Cross Industrial Group’s Australian Head Office to the market for sale via Expression of Interest closing at 4pm on Wednesday the 8th of May 2024.

The asset offers the following key attributes:

- Southern Cross Industrial Group’s Australian Head Office

- Brand new industrial investment - completed in 2023

- 10-year lease until 2033 + options until 2043

- Leased to Southern Cross Industrial Group ($70m+ revenue in 2023)

- 3.11 Ha Site Area

- 15,280m2 unimproved allotment allowing a range of additional development options (STCA).

- 3,851m2 Total Gross Floor Area

- Improvements comprise Retail, Office, Warehouse and Workshop areas

- Tenant pays 100% of the outgoings

- Attractive 3.0% increases

- Located in Paget - 10 minutes south from the Mackay CBD

- Paget is widely regarded as Australia’s best regional industrial market

- Located alongside national tenants including Hastings Deering, Blackwood’s, Thiess and Komatsu

- Mackay is the gateway to Queensland's Greater Whitsunday Region (population 135,000+)

Net Annual Rent: $1,236,000pa

For further information, to arrange an inspection or to access the due diligence data room, please contact Daniel Cullinane, Patrick Birchley or Evi Meka of Cushman & Wakefield National Investment Sales.

*Approximate

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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Southern Cross Industrial Group's Australian Head Office, 134-140 Diesel Drive, Paget, QLD, 4740

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Property Location of Southern Cross Industrial Group's Australian Head Office, 134-140 Diesel Drive, Paget, QLD, 4740

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Southern Cross Industrial Group's Australian Head Office, 134-140 Diesel Drive, Paget, QLD, 4740 Paget
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