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10 Year Lease to Westpac. Versatile Building. Outstanding...

28 Grandview Drive, MACKAY QLD, 4740

Sold

Property Sold in 28 Grandview Drive, MACKAY QLD, 4740

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000

Listing ID:
11213115
Status:
Sold
Last Updated:
17/06/2018
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Property Type

Retail/Offices
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Land Area

0 SQM
Icon size

Floor Area

338 SQM
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Parking

N/A

10 Year Lease to Westpac. Versatile Building. Outstanding Exposure.

- Secure 10 year lease to 2021 plus options to 2031
- Westpac Limited: 3rd largest ASX listed company with market cap of $95 billion (March 2016)
- Versatile 338 sqm building (26% site coverage) refurbished in 2011 by Westpac - estimated cost of circa $1.2 million
- Commanding 1,278 sqm site with exposure to high traffic Bruce Highway set amongst large format retail & neighbourhood shopping precinct with tenants including Centrelink/Medicare, Spotlight & Mount Pleasant Shopping Centre anchored by Coles, Woolworths & Target
- 9 car spaces on Title with additional 37 shared spaces
- Mackay: Coal and sugar cane capital of Australia, gateway to the Bowen Basin with trade catchment circa 150,000
- Annual fixed 3% increases
- Net Rent: $118,723 pa + GST

Auction 11am AEDT Tuesday 21 February 2017
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

For more details, please email agent

Burgess Rawson (QLD) Pty Ltd

Level 24, 324 Queen Street, Brisbane, QLD 4000


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