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26 Evans Avenue Mackay QLD 4740

  • Shop & Retail
  • 674 m²
  • Commercial Auction

High Yielding Fast Food & Retail Asset - Long Term Global Tenants

  • Tenants in Occupation 15-30+ Years
  • Strong Trading Location 1.5 km from CBD
  • Net Income $235,878 pa + GST

Cushman & Wakefield is pleased to present to the market 26 Evans Avenue, Mackay for Sale via Auction.

The property has the following key characteristics:

- Subway - Renewed 7 year lease to 2028 + options - Longstanding tenant of 15+ years
- Gloria Jeans - Renewed & extended 8 year lease to 2029 + options
- Subway - Worlds largest sandwich chain across 44,000+ locations
- Gloria Jeans - Globally recognised café chain in 50+ countries, operating 200+ stores in Australia
- Strong performing fast food and retail centre, major tenants in occupation for 15-30+ years
- Highly exposed corner site along North Mackay's busy retail strip of Evans Avenue, home to IGA, Chemist Warehouse, Domino's, Liquorland & Puma Energy
- Dual-street access with ample on-grade & off-street parking recently upgraded by council to handle high demand
- Convenient location 1.5 km from Mackay's CBD with inbound & outbound bus stops on the doorstep of centre
- Mackay - Thriving regional centre home to 117,902 residents, possessing a diverse $17.16 Billion economy supported by its globally recognised resource & engineering sector, agribusiness, construction, logistics, education & tourism
- Favourable net leases - Tenants pay outgoings as per leases
- Annual increases up to 3%
- Net Income $235,878 pa + GST

The investment is for sale by way of Cushman & Wakefield National Portfolio Auction on Monday 27 September at 1pm.

All interested parties will have access to our Live Stream & Online Bidding Platform strictly via prior arrangement.

Brisbane Live Stream & Bidding Facilities will be available at the below venue;

Brisbane - Dexus Place - Waterfront Place, Level 31, 1 Eagle Street

Should you hold interest in bidding on the asset from the above location or via the Online Bidding Platform, please contact the exclusively appointed Cushman & Wakefield property professionals.

Auction date and time27/09/2021 13:00
Auction locationDetails Above
Tom Moreland
Cushman & Wakefield Brisbane
Tom Moreland
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Thomas Proberts
Cushman & Wakefield Brisbane
Thomas Proberts
Cushman & Wakefield Brisbane

Property Highlights

Property ID2017219340
Floor Area674 m²
Land Area1,988 m²
Parking21 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  15 Sep 2021
Map for 26 Evans Avenue Mackay QLD 4740
Map for 26 Evans Avenue Mackay QLD 474026 Evans Avenue Mackay QLD 4740
Tom Moreland
Cushman & Wakefield Brisbane
Tom Moreland
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Thomas Proberts
Cushman & Wakefield Brisbane
Thomas Proberts
Cushman & Wakefield Brisbane

Property Highlights

Property ID2017219340
Floor Area674 m²
Land Area1,988 m²
Parking21 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  15 Sep 2021
Cushman & Wakefield Brisbane
Level 11, 123 Eagle Street Brisbane City QLD 4000
Tom Moreland
Cushman & Wakefield Brisbane
Tom Moreland
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Michael Collins
Cushman & Wakefield Brisbane
Thomas Proberts
Cushman & Wakefield Brisbane
Thomas Proberts
Cushman & Wakefield Brisbane
Tom Moreland

Tom Moreland

Cushman & Wakefield Brisbane

Michael Collins

Michael Collins

Cushman & Wakefield Brisbane

Thomas Proberts

Thomas Proberts

Cushman & Wakefield Brisbane

0408 *** ***
0408 072 822

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