66 Sydney Street Mackay QLD 4740

Under Instructions from National Retail Group, Knight Frank Mackay is pleased to offer for sale 66 Sydney Street, Mackay a distinguished commercial investment underpinned by a secure tenancy, consistent income stream, and a newly completed building redevelopment.

Key Investment Highlights:
Total Net Lettable Area of 392sqm* across a single level
Securely leased with a net annual income of $45,000 + GST (substantially below current market rates, presenting a compelling opportunity for future rental uplift)
Lease term expiring 28 February 2029, with no further options an attractive proposition for prospective owner-occupiers or discerning investors seeking medium-term upside
Comprehensive building redevelopment recently completed, providing significant depreciation benefits
Tenanted by "Redimed," a reputable national allied health provider with a strong operational track record
High-quality capital expenditure and purpose-built medical fitout, ensuring long-term tenant satisfaction and retention

This asset exemplifies the prevailing "flight to quality" trend, having successfully attracted a national healthcare tenant and offering considerable future rental reversion potential.

Positioned within a prominent commercial precinct of Mackay's CBD, properties of this nature, scale, and quality are seldom presented to market.

For further information or to arrange a confidential inspection, please contact Deniz Mete.

*Approximately.