1-3 Ungerer Street Mackay QLD 4740

On behalf of the Vendor, Knight Frank is pleased to exclusively present for sale 'Almar Arcade' addressed as 1-3 Ungerer Street, Mackay.

For Sale via Private Treaty with a list price of $550,000 + GST closing Friday, 26 November 2021.

The assets highlights include:
- Holding income $89,102 pa*
- Potential income $135,000+ pa*
- Two good quality solid structures of 228 sqm* and 422 sqm* with internal flexibility around tenancy areas
- Suited for office, retail or allied health tenants (STCA)
- Strata Titling opportunities exist (STCA)
- 25,000* plus daily vehicle movements
- Improvements allowing for disability access
- Occupy, improve and retain, or sell and benefit from the leasing upside
- 2.4km to Mackay CBD* and 5.1km to Mackay Harbour*
- Close proximity to IGA anchored 'Avenue' Shopping Complex, Harbour Road Medical and St Joseph's Primary School

For more information or to arrange an inspection, please contact Mark Kelly or Paul Dury.

*approximately