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33-41 Central Park Drive
Paget QLD 4740
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Cushman & Wakefield Brisbane

33-41 Central Park Drive Paget QLD 4740

  • Factory, Warehouse & Industrial
  • 5,411 m²
  • Expressions of Interest

For Sale - Exceptional Industrial Investment Leased to NYSE Giant

  • Leased to Motion Australia
  • Leased until 2027 + options to 2030
  • Net Annual Rent: $682,545

Cushman & Wakefield National Investment Sales are delighted to present Hardy Spicer and Motion Australia, Mackay to the market for sale via Expression of Interest closing at 4pm on Wednesday the 4th of September 2024.

The asset offers the following key attributes:
- Long term home of Motion Australia and Hardy Spicer in Mackay
- 100% leased to Motion Australia, a subsidiary of GPC a NYSE listed industrial giant with revenues of over $23 billion and a market capitalisation of over $19 billion.
- Leased until 2027 with options until 2030
- Improvements comprise two separate tilt panel warehouses
- 2,662m² unimproved allotment allowing a range of future development options (STCA).
- 8,491m² total site area
- Tenant pays 100% of the outgoings
- Attractive annual increases
- Located in Paget - 10 minutes south from the Mackay CBD
- Paget is widely regarded as Australia's best regional industrial market
- Located alongside national tenants including Hastings Deering, Blackwood's, Thiess and Komatsu
- Mackay is the gateway to Queensland's Greater Whitsunday Region (population 135,000+)

Net Annual Rent: $682,545

For further information, to arrange an inspection or to access the due diligence data room, please contact Daniel Cullinane, Myles Fredericksen, Patrick Birchley or Evi Meka of Cushman & Wakefield National Investment Sales.

*Approximate

EXPRESSION OF INTEREST

Closing date and time04/09/2024 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Floor Area5,411 m²
Land Area8,491 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019410859
Category
Last updated  7 Aug 2024
Map for 33-41 Central Park Drive Paget QLD 4740

Property Highlights

Floor Area5,411 m²
Land Area8,491 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019410859
Category
Last updated  7 Aug 2024

Co-Agents

Daniel  Cullinane
Cushman & Wakefield Brisbane
Call
0431 278 806
Myles Fredericksen
Cushman & Wakefield Brisbane
Call
0401 950 625
Patrick Birchley
Cushman & Wakefield Brisbane
Call
0411 262 267
Evi Meka
Cushman & Wakefield Brisbane
Call
0427 077 810

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