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Lot/2 Mount Bassett Cemetery Road
Mackay QLD 4740
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Sold on 26 Jul 2022

Lot/2 Mount Bassett Cemetery Road Mackay QLD 4740

  • Factory, Warehouse & Industrial
  • 1 m²
  • Sold, $1,585,000

TENANTED INVESTMENT WITH UPSIDE.

  • Price Guide - 8-9% Return

INDUSTRIAL LAND AND WORKSHOPS
• Net annual income $141,191
• Future Development upside (STCA)
• Close Proximity to Mackay Port
• Zoned Low Impact Industry - 1.46 Ha
• Multiple Tenants
• Upside potential - 4000m2 vacant
• Price Guide - 8-9% Return

THE OPPORTUNITY
An opportunity exists for the buyer to add this prime industrial complex to their portfolio. The 1.46 Ha site is located just off the main distributor to the Mackay port Facilities. With easy access to the Bruce, Peak Downs highways, Airport and Mackay CBD. The property is currently leased in 3 sections with a net return of $141,191 Pa.Net on 2 sections with section 3 being 4000m2 and available for lease.

Expressions of Interest close 5 pm 20th October 2021

An information memorandum is available on request

Property Highlights

Date Sold26 Jul 2022
Sold Price$1,585,000
Floor Area1 m²
Land Area1.46 ha
ParkingAsk Agent
Property ID2017238109
Category
Last updated  27 Jul 2022
Map for Lot/2 Mount Bassett Cemetery Road Mackay QLD 4740

Property Highlights

Date Sold26 Jul 2022
Sold Price$1,585,000
Floor Area1 m²
Land Area1.46 ha
ParkingAsk Agent
Property ID2017238109
Category
Last updated  27 Jul 2022
Shop 2425 Canelands Shopping Centre Mackay QLD 4740

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