28 Grandview Drive,
Mackay, QLD 4740

Shops & Retail • Offices

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Map of 28 Grandview Drive

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

10 year lease to 2021 plus options
1,278sqm site with high traffic exposure
Annual 3% fixed increases

- 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

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