Strategic QLD investment opportunity

12-16 Progress Drive, Paget, Queensland 4740

Industrial For Sale

For Sale
Land Area: 10,105.00 m2.    Floor Area: 1,651.00 m2.    

Description

Colliers International is pleased to offer for sale 12-16 Progress Drive, Paget, Mackay on a sale and leaseback arrangement. The site is occupied by Austbore Pty Ltd, a wholly owned subsidiary of Austin Engineering Limited, and operates as an office, warehouse and repairs and maintenance facility.

Key features include:
- 1,651m² building area
- 10,105m² (approx.) combined land area (2 sites)
- 12 year initial lease term
- High yielding investment
- Significant crane and power supply
- Additional hardstand and expansion areas
- Multiple on-grade roller door access
- Corner site with two street access
- Core regional industrial precinct

Features

  • 12 year initial lease term
  • High yielding investment
  • Significant crane and power supply
  • Triple Net Lease

Map

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