Explore Property Commercial are proud to present 18 McCulloch St for sale!
Features of this investment property include:
• Brand new 5-year lease*;
• Strong lease covenant with international parent company lease;
• The annual passing rent is $103,000 per annum*;
• Total lettable area of 948 square metres*;
• Located in North Mackay Industrial Estate;
• High clearance workshop and warehouse and attached offices;
• Clean and presentable property.
For Sale is a well presented freehold industrial property situated in the North Mackay Industrial Estate, leased to an international company - Nepean Power, operating on a lease term to September 2028, with options out to 2033.
The property comprises a 1,257 square metre site, improved with a 722 square metreworkshop and warehouse and 97 square metresof attached offices. The workshop includes 5 roller doors for access and airflow, and a 120 square metreskillion area. All roller doors have an approximate 3.5 metreclearance. The attached office area includes a large meeting room, two offices, a reception area and lunchroom.
The total lettable area is approximately 948 square metres.
This asset is a sought-after investment opportunity that provides an annual passing rent of $103,000 per annum*.
Contact our team today to obtain an Information Memorandum or to find out more!
*Approximate, estimated and subject to confirmation by survey.
The Agent does not give any warranty as to errors or omissions, if any, in these particulars. The provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.