For Sale/36 Wood Street Mackay QLD 4740

Knight Frank & Blacks Real Estate are delighted to present for sale, 36 Wood Street, Mackay.

Featuring an exceptional tenant profile and secure income stream within a redeveloped, character filled, Art Deco building.

Key Features:
- 1,062m2* NLA building over 2 levels
- Secure fully leased Net income of $334,773p.a + GST
- WALE of 3.5years
- Newly redeveloped building offering strong deprecation benefits
- Defensive tenant mix in sought after precinct
- High quality building cap-ex and boutique fitouts ensuring future tenant retention and potential rental reversion

The property is evidence of the tenant 'flight to quality' trend with proven tenant attraction and reflecting a healthy 3.5+ year WALE across a high-quality tenant mix.

Located in a premium "white collar" precinct of Mackay CBD properties of this scale and quality are rarely available.

For Sale via Expressions of Interest Closing 4pm (AEST) Friday 13th December 2024.

For further information or to arrange an inspection, please contact Deniz Mete of Knight Frank or Ian McDonald of Blacks Real Estate.

*Approximately.