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JLL Capital Markets is pleased to present for sale 217 Farrellys Road, Paget (Mackay) – a rare opportunity to acquire a near-new, high-profile industrial facility in one of Queensland’s most tightly held industrial precincts.
Occupying a substantial 21,483* square metre freehold allotment, the asset comprises 7,339* square metres of high-quality improvements across two buildings, fully leased to Fenner Conveyors Service Centre and ACE Engineering. The property benefits from a secure double net lease structure, long-term income profile, and a strategic location within Mackay’s premier industrial hub servicing the mining, agriculture, and logistics sectors.
Key investment highlights include:
Secure Income Stream – Fully leased to Fenner Conveyors Service Centre and ACE Engineering, both wholly owned subsidiaries of Michelin (NASDAQ: MGDDY), providing a secure net income.
Long-term (10-year) lease profile with options extending to 2042.
Substantial Industrial Facility – Comprising 7,339* square metres of GLA including modern office, warehouse, and workshop accommodation, supported by 131 on-site car parks.
Strategic Industrial Location – Prominently positioned with frontage to Farrellys Road in the heart of Paget, with excellent connectivity to the Bruce Highway, Mackay Port, and Mackay Airport.
Core Mining Services Precinct – Located within proximity to Queensland’s Bowen Basin coal reserves, underpinning sustained demand for industrial and mining service facilities.
217 Farrellys Road, Paget is being offered for sale via Expressions of Interest, closing Thursday, 11 September 2025 at 2:00pm (AEST).
Remember to mention you found this property on CommercialReady
JLL Capital Markets is pleased to present for sale 217 Farrellys Road, Paget (Mackay) – a rare opportunity to acquire a near-new, high-profile industrial facility in one of Queensland’s most tightly held industrial precincts.
Occupying a substantial 21,483* square metre freehold allotment, the asset comprises 7,339* square metres of high-quality improvements across two buildings, fully leased to Fenner Conveyors Service Centre and ACE Engineering. The property benefits from a secure double net lease structure, long-term income profile, and a strategic location within Mackay’s premier industrial hub servicing the mining, agriculture, and logistics sectors.
Key investment highlights include:
Secure Income Stream – Fully leased to Fenner Conveyors Service Centre and ACE Engineering, both wholly owned subsidiaries of Michelin (NASDAQ: MGDDY), providing a secure net income.
Long-term (10-year) lease profile with options extending to 2042.
Substantial Industrial Facility – Comprising 7,339* square metres of GLA including modern office, warehouse, and workshop accommodation, supported by 131 on-site car parks.
Strategic Industrial Location – Prominently positioned with frontage to Farrellys Road in the heart of Paget, with excellent connectivity to the Bruce Highway, Mackay Port, and Mackay Airport.
Core Mining Services Precinct – Located within proximity to Queensland’s Bowen Basin coal reserves, underpinning sustained demand for industrial and mining service facilities.
217 Farrellys Road, Paget is being offered for sale via Expressions of Interest, closing Thursday, 11 September 2025 at 2:00pm (AEST).
Remember to mention you found this property on CommercialReady
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