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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 Shopping Centre 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
Remember to mention you found this property on CommercialReady
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 Shopping Centre 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
Remember to mention you found this property on CommercialReady
17 Milton Street, Mackay, QLD, 4740
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
