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Multispares & Mackay Freight Services, 2 Kumar Close Paget QLD 4740

  • Factory, Warehouse & Industrial
  • 1,849 m²
  • For Sale, Contact Agent

Brand New Logistics Asset Net Leases to Global Operators

  • Brand new 7 year net leases
  • Significant 5,035 sqm corner site
  • Strategic industrial precinct location

Stonebridge National Investment Sales is pleased to present to the market, Multispares & Mackay Freight Services Paget, for sale via Expressions of Interest.

The Asset has the following key investment features:

- Multispares - Brand new 7 year net lease to 2029 + options to 2044
ASX listed heavy vehicle parts supplier across 23 locations in Australia and New Zealand, boasting annual sales revenues of $162 million

- Mackay Freight Services - Brand new 7 year lease to 2029 + options to 2043
Successful logistics company established for 20 years

- Land rich 5,035 sqm* corner site boasting strong exposure and large frontage with dual street access in Mackay's premier industrial & logistics precinct

- Brand new, state-of-the-art building providing optimal depreciation benefits

- Significant 1,706 sqm* clear span warehouse supported by two air-conditioned offices, 19 car parks and 2,437 sqm* of hardstand area

- Highly strategic position within 'Paget Industrial Estate' - the largest mining services industrial precinct in the southern hemisphere, home to over 500 mining and manufacturing businesses as well as major national retailers including Bunnings, Sydney Tools, RSEA, Beaurepaires, Ampol and Total Tools

- Key precinct location with excellent access to crucial transport infrastructure, directly neighbouring the Aurizon/Linfox intermodal terminal and just 600 metres* to Bruce Highway, carrying 24,600+ vehicles daily*

- Mackay - Thriving regional centre home to 117,900+ residents*, possessing a diverse $17.16 billion* economy supported by globally recognised resource & engineering sectors, as well as agribusiness, construction, logistics, education & tourism

- Landlord favourable net leases - tenants pays all usual outgoings excluding structural repairs & maintenance

- Fixed 2% annual rent increases

- Net Income $333,596 pa* + GST

*Approximate

The Investment is for sale via Expressions of Interest closing Thursday 28th July at 1pm.

Please contact the exclusively appointed Stonebridge Property Professionals for more information

Property Code: 463

Property Highlights

Floor Area1,849 m²
Land Area5,035 m²
ParkingOn street parking
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017899366
Category
Last updated  12 Jul 2022
Map for Multispares & Mackay Freight Services, 2 Kumar Close Paget QLD 4740

Property Highlights

Floor Area1,849 m²
Land Area5,035 m²
ParkingOn street parking
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017899366
Category
Last updated  12 Jul 2022
Level 24/10 Eagle St Brisbane City QLD 4000
Tom Moreland
Tom Moreland
Stonebridge Property Group Pty Ltd
Michael Collins
Michael Collins
Stonebridge Property Group Pty Ltd
Thomas Proberts
Thomas Proberts
Stonebridge Property Group Pty Ltd

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