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33-41 Central Park Drive, Paget, QLD, 4740

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33-41 Central Park Drive, Paget, QLD, 4740

Paget

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33-41 Central Park Drive, Paget, QLD, 4740

Paget

SOLD
33-41 Central Park Drive, Paget, QLD, 4740

33-41 Central Park Drive, Paget, QLD, 4740

Properties / Sold / Queensland / Paget
Tenanted Investment
Selling Method
EOI
Selling Details
Please contact agents
Land Area
8,491 m² (*approx)
Floor Area
5411 m² (*approx)
Property Type
Industrial, Other, Land
Sub-type
Office/Warehouse
Terms
Leased until 2027 with options until 2030
Est. Income
$682,545 p/a
Fully Leased
Motion Australia
Show All
For Sale - Exceptional Industrial Investment Leased to NYSE Giant
  • Leased to Motion Australia
  • Leased until 2027 + options to 2030
  • Net Annual Rent: $682,545

Cushman & Wakefield National Investment Sales are delighted to present Hardy Spicer and Motion Australia, Mackay to the market for sale via Expression of Interest closing at 4pm on Wednesday the 4th of September 2024.

The asset offers the following key attributes:

- Long term home of Motion Australia and Hardy Spicer in Mackay

- 100% leased to Motion Australia, a subsidiary of GPC a NYSE listed industrial giant with revenues of over $23 billion and a market capitalisation of over $19 billion.

- Leased until 2027 with options until 2030

- Improvements comprise two separate tilt panel warehouses

- 2,662m² unimproved allotment allowing a range of future development options (STCA).

- 8,491m² total site area

- Tenant pays 100% of the outgoings

- Attractive annual 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: $682,545

For further information, to arrange an inspection or to access the due diligence data room, please contact Daniel Cullinane, Myles Fredericksen, 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

33-41 Central Park Drive Investment Summary

Property Type
Industrial, Other, Land
Sub-type
Office/Warehouse
Est. Income
$682,545 p/a
Tenant
Motion Australia
Terms
Leased until 2027 with options until 2030
Land Area
8,491 m² (*approx)
Floor Area
5411 m² (*approx)
Selling Method
EOI
Selling Details
Please contact agents

Investment Highlights

For Sale - Exceptional Industrial Investment Leased to NYSE Giant
  • Leased to Motion Australia
  • Leased until 2027 + options to 2030
  • Net Annual Rent: $682,545

Cushman & Wakefield National Investment Sales are delighted to present Hardy Spicer and Motion Australia, Mackay to the market for sale via Expression of Interest closing at 4pm on Wednesday the 4th of September 2024.

The asset offers the following key attributes:

- Long term home of Motion Australia and Hardy Spicer in Mackay

- 100% leased to Motion Australia, a subsidiary of GPC a NYSE listed industrial giant with revenues of over $23 billion and a market capitalisation of over $19 billion.

- Leased until 2027 with options until 2030

- Improvements comprise two separate tilt panel warehouses

- 2,662m² unimproved allotment allowing a range of future development options (STCA).

- 8,491m² total site area

- Tenant pays 100% of the outgoings

- Attractive annual 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: $682,545

For further information, to arrange an inspection or to access the due diligence data room, please contact Daniel Cullinane, Myles Fredericksen, 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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33-41 Central Park Drive, Paget, QLD, 4740

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