7 Progress Drive Paget QLD 4740

7 Progress Drive, Paget Industrial Estate, Mackay QLD

Quality Multi Tenanted Investment

- Long Term Tenants
- Prime Location
- Zoned General Industry
- Total Land Area 1339m2
- Off Street Parking
- First Time to Market
- Solid Returns

Combined Annual Income $91551.84 + GST + Outgoings

Paget Industrial Estate is one of the largest mining support centres in the Southern Hemisphere and home to more than 500 businesses predominantly serving the mining resource sector in Central Queensland with specialist industrial, transport and supply chain services.

Tenancy 1/7A

- National Branded Tenant
- Current Lease Expires 30 November 2022
- Further Option to 30 November 2025
- Same Tenant since 2005
- Tenancy size 350m2
- Current Lease $48291.84 per annum plus GST
- Tenant pays all outgoings - schedule available on request

Tenancy 2/7B

- ASX Listed tenant
- Current Lease expires 1 August 2022
- Further Option until 1 August 2025
- Tenancy Size 350m2
- Current Lease $43260 per annum plus GST
- Tenant pays all outgoings - schedule available on request

A quality property with exceptional tenants and plenty of market upside make this a standout for investors - call Greg Smith today on 0413 054 742.