1-3 Empire Street Paget QLD 4740

Highlights of the opportunity include:

• Corporate lease to one of the largest fuel operators, Ampol Petroleum with over 1,800 locations throughout Australia.
• Total net income of $640,000* per annum.
• Newly exercised 5-year lease (expiring 2029) with 3 x 5 year options.
• Stable and predictable income growth of the greater of CPI or 3%.
• Commanding 6,267sqm* lot with significant long term value add potential.
• Direct exposure to Bruce Highway with over 175,000* cars per week.
• Whole-of-land lease where the tenants pay for all outgoings including land tax.
• Located only 4.5km* southwest of the Mackay City Centre.

For further information, contact the exclusive marketing agents at Colliers today.

For Sale via auction on Thursday 17th of October 2024 at 11am (AEST) in rooms at Colliers, Level 30, 111 Eagle Street, Brisbane.

* Approximate. Image locations and outlines are approximate and indicative only.