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Knight Frank - Mackay

36 Wood Street Mackay, QLD 4740

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36 Wood Street,
Mackay, QLD 4740

Offices • Shops & Retail • Medical & Consulting

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Knight Frank - Mackay

Knight Frank - Mackay

5/69 Sydney Street
MACKAY, QLD 4740
07 4940 01...
Knight Frank - Mackay
36 Wood Street
Mackay, QLD 4740

Map of 36 Wood Street

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High Yielding Commercial Investment

Knight Frank & Blacks Real Estate are delighted to present for sale, 36 Wood Street, Mackay.

Featuring an exceptional tenant profile and secure income stream within a redeveloped, character filled, Art Deco building.

Key features include:
- 1,062 sqm* NLA building over 2 levels
- Secure fully leased net income of $334,773 per annum plus GST
- WALE of 3.5years
- Newly redeveloped building offering strong deprecation benefits
- Defensive tenant mix in sought after precinct
- High quality building cap-ex and boutique fitouts ensuring future tenant retention and potential rental reversion

The property is evidence of the tenant ’flight to quality’ trend with proven tenant attraction and reflecting a healthy 3.5+ year WALE across a high-quality tenant mix.

Located in a premium “white collar” precinct of Mackay CBD properties of this scale and quality are rarely available.

For further information or to arrange an inspection, please contact Deniz Mete of Knight Frank or Ian McDonald of Blacks Real Estate.

*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
Knight Frank - Mackay
5/69 Sydney Street
MACKAY, QLD 4740