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55-57 Southgate Drive
Mackay QLD 4740
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Sold on 15 Jun 2021

55-57 Southgate Drive Mackay QLD 4740

  • Factory, Warehouse & Industrial
  • 1,587 m²
  • Sold

Solid QLD Investment Asset backed by Fortune 500 Multinational

  • 1,587 sqm facility
  • 6,336 sqm industrial land
  • 10 year lease commenced 2019

Cushman & Wakefield is pleased to present to the market 55-57 Southgate Drive, Paget (Mackay) for sale via Offers to Purchase.

The property has the following key characteristics:

- 10 year lease commenced 2019
- Heavy duty engineering premises in Mackay
- Servicing major mining & infrastructure projects throughout the Galilee Basin & Bowen Basin
- Standalone office & engineering facility totaling 1,587 sqm
- Dual 25 tonne overhead gantry cranes plus large power supply
- 25% site cover offering development expansion & rental upside
- Large 6,336 sqm industrial site with High Impact Zoning
- Cram Fluid Power is owned by Inenco Group & its Parent - Genuine Parts Company (NYSE:GPC) a Fortune 500 major American multinational with a Market Cap of $US15 Billion. Major Australian brands include Repco, NAPA Auto Super Stores, COVS Automotive & Ashdown Ingram & CBC Bearings
- Tenant pays all usual outgoings (excluding Land Tax)
- Current rental $243,623 pa + outgoings + GST

For more information please contact the property professional at Cushman & Wakefield.

Property Highlights

Date Sold15 Jun 2021
Floor Area1,587 m²
Land Area6,336 m²
Parking20 x Onsite parkings
Property ID2015972785
Category
Last updated  17 Aug 2021
Map for 55-57 Southgate Drive Mackay QLD 4740

Property Highlights

Date Sold15 Jun 2021
Floor Area1,587 m²
Land Area6,336 m²
Parking20 x Onsite parkings
Property ID2015972785
Category
Last updated  17 Aug 2021

Listed by

Cushman & Wakefield Sydney
Call
02 8243 9999

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