Added 4 days ago
17 Milton Street,
Mackay, QLD 4740
Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial
Added 4 days ago
Key property information
Land area
Floor area
Property extent
Tenure type
Expression of Interest
Private inspections
to arrange a private inspection.
Cushman & Wakefield - Brisbane
Level 27, 123 Eagle StreetBRISBANE CITY, QLD 4000
17 Milton Street
Mackay, QLD 4740
Map of 17 Milton Street
Train stations within 5 km of 17 Milton Street, Mackay, QLD 4740 Distance Mackay 3.9 km Gare Mackay Train Station 3.9 km POWERED BY HERE ©Bus stops within 5 km of 17 Milton Street, Mackay, QLD 4740 Distance Caneland Central 333 m Milton Street Near Alfred St 359 m Milton Street Near Shakespeare St 505 m Gregory Street Near Gregory Lane 552 m Alfred Street at Macalister Street 589 m POWERED BY HERE ©
POWERED BY HERE ©
FOR SALE | Fully Tenanted Investment in Mackay CBD
- Net income of $318,260*
- Heart of Mackay CBD
- Secure 4.17 Year WALE (By Area)
Cushman & Wakefield is pleased to present a fully tenanted investment in the heart of the Mackay CBD offering dual street frontage, the 2,037m2 site is prominently situated with exposure to both Milton Street as well as Peel Street. Strategically located neighbouring the largest shopping centre in Mackay, Caneland Central Shopping Centre attracts over 5 million visitors annually.
The key highlights of the opportunity include:
• Secure WALE of 4.17 years (by Area) anchored by a new 5-year lease to Ultra-Tune expiring 2030 with options till 2035
• Dual street frontage with 20m* street exposure to both Milton Street and Peel Street
• Ultra-Tune is one the largest Australian-owned automotive franchise with over 270 locations across Australia
• Strategically located neighbouring Caneland Shoppingtown as well as several multi-national covenants such as Officeworks, Hungry Jacks, Chemist Warehouse, Jaycar and more.
Net Income of $318,260* per annum.
The property is offered For Sale via Expressions of Interest Campaign (EOI) closing Wednesday 11th March at 4:00pm (AEST).
To obtain further information or arrange an inspection please contact the exclusive selling agents.
*Approximately
The key highlights of the opportunity include:
• Secure WALE of 4.17 years (by Area) anchored by a new 5-year lease to Ultra-Tune expiring 2030 with options till 2035
• Dual street frontage with 20m* street exposure to both Milton Street and Peel Street
• Ultra-Tune is one the largest Australian-owned automotive franchise with over 270 locations across Australia
• Strategically located neighbouring Caneland Shoppingtown as well as several multi-national covenants such as Officeworks, Hungry Jacks, Chemist Warehouse, Jaycar and more.
Net Income of $318,260* per annum.
The property is offered For Sale via Expressions of Interest Campaign (EOI) closing Wednesday 11th March at 4:00pm (AEST).
To obtain further information or arrange an inspection please contact the exclusive selling agents.
*Approximately
Mackay, 4740 demographic data
The median household income for Mackay is $1,239, 18% lower than Regional Queensland's household income of $1,507. Mackay has a younger age profile compared to the rest of Regional Queensland (median age 38 vs 41). Property ownership data shows 44% of property owners in Mackay have a mortgage.
4,026
Population
$1,239 per week
Median household income
38 years
Median age
Renters
Most residents
Singles
Most households
Cushman & Wakefield - BrisbaneLevel 27, 123 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000