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25-29 Evans Avenue
North Mackay QLD 4740
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25-29 Evans Avenue North Mackay QLD 4740

  • Shop & Retail
  • 2,478 m²
  • For Sale, For sale by Private Negotiation

North Mackay Central Diverse Retail and Office Complex

  • Strong Tenancy Mix
  • Income Security & Rental Growth
  • Value-Add Development Opportunity

North Mackay Central comprises a modern, convenience-based retail, allied health, and professional services-based shopping centre dual anchored by IGA and mining giant Glencore. The complex features 13 tenancies including IGA, Hail Creek Coal (Glencore), a Bottle Shop, Domino's Pizza, Café, Takeaway, Orthodontist, Audiologist, Optometrist, Financial Planner, and a Mining Logistics Company with over 75%* of net income secured by national brands, allied health and mining tenancies.

Key highlights include:

- Dual anchored by IGA and Glencore (mining subsidiary)

- Diverse tenant mix with over 75%* of net income secured by national brands, allied health and mining tenancies

- All tenants feature net leases with assured rental growth

- Modern centre developed in 2011 providing ongoing depreciation benefits

- High exposure location within 2km* from the Mackay CBD

- Strong population growth with Mackay forecast to grow by 28%* to 158,000* residents by 2041

- Mackay boasts some of QLD's largest infrastructure projects with a development pipeline of over $10.94 billion*

- Diverse regional economy with thriving agriculture, mining, resources and tourism industries driving continued growth

- Net income: $1,075,438* p.a. (fully leased estimate)

*Approximate

For Sale by Private Negotiation.

Property Highlights

Floor Area2,478 m²
Land Area6,071 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018442317
Category
Last updated  21 Apr 2024
Map for 25-29 Evans Avenue North Mackay QLD 4740

Property Highlights

Floor Area2,478 m²
Land Area6,071 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018442317
Category
Last updated  21 Apr 2024

Co-Agents

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