FOR SALE – 37 Sydney Street, Mackay
Positioned within Mackay’s Waterfront Priority Development Area, 37 Sydney Street presents a strong commercial investment opportunity in a strategic CBD location.
The anchor tenant, ARN Mackay Radio Stations, is currently committing to a new 5-year lease, providing increased income security and strengthening the property’s investment profile.
Property Highlights:
Land Area: 1,416m²*
Total Lettable Area: 862m²*
Fully leased projected net rental income: $258,429 per annum*
Current net annual income: $128,458 per annum*
Anchor tenant committing to a new 5-year lease
Approximately 20 onsite car parks
Kitchen and toilet facilities
Wheelchair accessible
Onsite power generation plant
Exterior security lighting
Located within the Mackay Waterfront Priority Development Area
With an established anchor tenant, substantial landholding and further income potential as available space is leased, the property offers investors a combination of current income, improved lease security and future upside.
The property also benefits from its proximity to the Mackay CBD and Pioneer River, together with excellent onsite parking and accessibility.
The sellers are motivated and are inviting genuine offers from the market.
Contact Chris Bonanno at Gardian Commercial Real Estate for further information, financial details or to arrange an inspection.
*Approximately.
Disclaimer:
The information provided has been prepared from sources considered reliable; however, Gardian Commercial Real Estate and the sellers do not warrant its accuracy. Interested parties should undertake their own enquiries, investigations and due diligence before making any decision in relation to the property.
Remember to mention you found this property on CommercialReady
FOR SALE – 37 Sydney Street, Mackay
Positioned within Mackay’s Waterfront Priority Development Area, 37 Sydney Street presents a strong commercial investment opportunity in a strategic CBD location.
The anchor tenant, ARN Mackay Radio Stations, is currently committing to a new 5-year lease, providing increased income security and strengthening the property’s investment profile.
Property Highlights:
Land Area: 1,416m²*
Total Lettable Area: 862m²*
Fully leased projected net rental income: $258,429 per annum*
Current net annual income: $128,458 per annum*
Anchor tenant committing to a new 5-year lease
Approximately 20 onsite car parks
Kitchen and toilet facilities
Wheelchair accessible
Onsite power generation plant
Exterior security lighting
Located within the Mackay Waterfront Priority Development Area
With an established anchor tenant, substantial landholding and further income potential as available space is leased, the property offers investors a combination of current income, improved lease security and future upside.
The property also benefits from its proximity to the Mackay CBD and Pioneer River, together with excellent onsite parking and accessibility.
The sellers are motivated and are inviting genuine offers from the market.
Contact Chris Bonanno at Gardian Commercial Real Estate for further information, financial details or to arrange an inspection.
*Approximately.
Disclaimer:
The information provided has been prepared from sources considered reliable; however, Gardian Commercial Real Estate and the sellers do not warrant its accuracy. Interested parties should undertake their own enquiries, investigations and due diligence before making any decision in relation to the property.
Remember to mention you found this property on CommercialReady
37 Sydney Street 10 Brisbane St, 37 Sydney Street, Mackay, QLD, 4740
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