Pagets Best Value Buying Proposition

34 Central Park Drive, Paget, Queensland 4740

Office For Sale

For Sale
Land Area: 10,400.00 m2.    Floor Area: 3,500.00 m2.    

Description

Colliers International and PRDnationwide Mackay are pleased to present this outstanding modern office/ warehouse building in Paget, Mackay’s premier business and industrial address.

34 Central Park Drive is ideally located within close proximity to the Mackay airport and the Railway Station and Goods Yards cementing is strategic position within this important Queensland economic centre. Occupying a 10,430m²* industrially zoned land parcel this state of the art 3,500m²* two level building has an enviable mix of 50% office and 50% warehouse. Cor Cooling, a subsidiary of multinational H-E Parts International, occupying 57% of the available space provides a strong base income stream with the value add opportunity coming from the re-tenanting or occupation of the vacated fully fitted out office space and underdeveloped hard stand area.

The near term expiry of the ILCO lease presents an excellent opportunity for strategic investors or intending owner occupiers to steer the property in a new direction.

Well recognised as Mackay’s best architecturally designed commercial building the property is a stand out proposition in commercial market clearly entering into an upswing phase.

The key features of the property include:

• 3,450m²* high quality office warehouse
• 10,430m²* level land parcel in Paget
• 70 on site car parks including 9 secure undercover bays
• Leased to ILCO, COR Cooling, Scope Equipment Hire
• Current net income $689,300*Net
• Forecast fully leased net income $882,500*
• Low impact industry zoned site
• Located adjacent to the airport and 7* minutes from the Mackay CBD
• Easy access to airport, rail and highways heading north, south and west

For further information or to arrange an inspection please call the marketing agents.

*Approx.

Features

  • 3,500m²* high quality office warehouse
  • 10,400m²* level land parcel
  • Easy access to airport, rail and highway

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