54-56 Southgate Drive,
Paget, QLD 4740
Warehouse, Factory & Industrial • Offices
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of 54-56 Southgate Drive
Well Positioned Industrial Asset - New 5x5 Year Lease
- 1,098sqm* total NLA
- $164,850net pa & 12 month bank guarantee
- 4% annual increases
This freestanding industrial asset is being offered for sale and is 100% leased to a well established corporate tenant.
Located in the well established industrial precinct of Paget, the key features of this asset present it as a high profile tenanted investment with a new 5x5 year lease, $164,850 net pa, 12 month bank guarantee and 4% annual increases, offering and an excellent opportunity to invest in the industrial market.
The property is of modern appearance, with a total NLA of 1,098sqm*, the workshop component includes a 841sqm* floor area, additionally within the building is a front reception/office area with staff amenities and separate amenities to ground level. The second level has a good sized boardroom and separate two bedroom onsite caretakers residence.
The lined space measures 198sqm* in total, a 75sqm* mezzanine storage dock sits over part of the workshop. The workshop is equipped with a 20 tonne* overhead gantry crane and a full trade waste facility with floor grate and discharge. All 6 roller doorways (5 at full container height) are covered by a 5m* wide weather awning. Ancillary improvements include concrete drive apron accommodating 11 car parks including 1 disabled space, established gardens and security fencing.
For further details or to arrange an inspection please contact Mark Kelly at Knight Frank Mackay or Paul Dury at Knight Frank Townsville.
*Approximately
Located in the well established industrial precinct of Paget, the key features of this asset present it as a high profile tenanted investment with a new 5x5 year lease, $164,850 net pa, 12 month bank guarantee and 4% annual increases, offering and an excellent opportunity to invest in the industrial market.
The property is of modern appearance, with a total NLA of 1,098sqm*, the workshop component includes a 841sqm* floor area, additionally within the building is a front reception/office area with staff amenities and separate amenities to ground level. The second level has a good sized boardroom and separate two bedroom onsite caretakers residence.
The lined space measures 198sqm* in total, a 75sqm* mezzanine storage dock sits over part of the workshop. The workshop is equipped with a 20 tonne* overhead gantry crane and a full trade waste facility with floor grate and discharge. All 6 roller doorways (5 at full container height) are covered by a 5m* wide weather awning. Ancillary improvements include concrete drive apron accommodating 11 car parks including 1 disabled space, established gardens and security fencing.
For further details or to arrange an inspection please contact Mark Kelly at Knight Frank Mackay or Paul Dury at Knight Frank Townsville.
*Approximately
Paget, 4740 demographic data
The median household income for Paget is $1,199, 20% lower than Regional Queensland's household income of $1,507. Paget has an older age profile compared to the rest of Regional Queensland (median age 45 vs 41). Property ownership data shows 31% of property owners in Paget have a mortgage.
339
Population
$1,199 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
54-56 Southgate Drive
Paget, QLD 4740
Knight Frank - Mackay5/69 Sydney Street
MACKAY, QLD 4740
MACKAY, QLD 4740
Contact Agency
Knight Frank - Townsville380 Flinders Street
TOWNSVILLE CITY, QLD 4810
TOWNSVILLE CITY, QLD 4810
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