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Cushman & Wakefield - Brisbane

33-41 Central Park Drive Paget, QLD 4740

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33-41 Central Park Drive,
Paget, QLD 4740

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Development Sites & Land

Price information

Sale - Expression of Interest

Please contact agents

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$682,545
Number of Tenants
1 Tenant
Tenants / Type
Motion Australia Pty Ltd

Private inspections

to arrange a private inspection.
Cushman & Wakefield - Brisbane
Myles Fredericksen
Daniel Cullinane
Patrick Birchley
Evi Meka

Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
Cushman & Wakefield - Brisbane
33-41 Central Park Drive
Paget, QLD 4740

Map of 33-41 Central Park Drive

Directions
  • Train stations within 5 km of 33-41 Central Park Drive, Paget, QLD 4740Distance
    Mackay641 m
    Mackay Railway Station683 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 33-41 Central Park Drive, Paget, QLD 4740Distance
    Napier Street Near Absolon Street423 m
    Napier St Near Ivana Court590 m
    Webberley St Near Paradise St862 m
    Paradise St at Ulanda Drive930 m
    Nebo Rd Near Ram Chandra Pl1.4 km
    POWERED BY HERE ©
POWERED BY HERE ©

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

Property ID: 504658124Last Updated: 18 Aug 2024

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