Multispares & Mackay 2 Kumar Close Paget QLD 4740

Stonebridge National Investment Sales is pleased to present to the market, Multispares & Mackay Freight Services Paget, for sale via Immediate Offers to Purchase.

The Asset has the following key investment features:

- Multispares - Brand new 7 year net lease to 2029 + options to 2044

- ASX listed heavy vehicle parts supplier across 23 locations in Australia and New Zealand, boasting annual sales revenues of $162 million

- Mackay Freight Services - Brand new 7 year lease to 2029 + options to 2043

- Successful logistics company established for 20 years

- Land rich 5,035 sqm* corner site boasting strong exposure and large frontage with dual street access in Mackay's premier industrial & logistics precinct

- Brand new, state-of-the-art building providing optimal depreciation benefits

- Significant 1,706 sqm* clear span warehouse supported by two air-conditioned offices, 19 car parks and 2,437 sqm* of hardstand area

- Highly strategic position within 'Paget Industrial Estate' - the largest mining services industrial precinct in the southern hemisphere, home to over 500 mining and manufacturing businesses as well as major national retailers including Bunnings, Sydney Tools, RSEA, Beaurepaires, Ampol and Total Tools

- Key precinct location with excellent access to crucial transport infrastructure, directly neighbouring the Aurizon/Linfox intermodal terminal and just 600 metres* to Bruce Highway, carrying 24,600+ vehicles daily*

- Mackay - Thriving regional centre home to 117,900+ residents*, possessing a diverse $17.16 billion* economy supported by globally recognised resource & engineering sectors, as well as agribusiness, construction, logistics, education & tourism

- Landlord favourable net leases - tenants pays all usual outgoings excluding structural repairs & maintenance

- Fixed 2% annual rent increases

- Net Income $333,596 pa* + GST

*Approximate

The Investment is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge Property Professionals for more information.

Property Code: 463