13 John Vella Drive,
Paget, QLD 4740

8.5% YIELD INVESTMENT OPPORTUNITY - ULTRATUNE workshop - Paget MACKAY
The owners of this hi-exposure industrial warehouse leased to national tenants ULTRATUNE and EDI Mining subsidiary are regretfully offering this great investment property to the market for sale.
This 500 sqm* concrete building with steel purlins and metal roof was erected in 1998 on a 855 sqm industrial block in the major industrial estate of Paget, south of Mackay. Its two tenancies, Ultratune on a 6x5 lease term and SGS Australia on a 2x1 lease term, provide a net rent of $50K per annum, local tax and building insurance are payable by the tenants.

Ultratune tenancy details
195 sqm* workshop area
30 sqm* office/reception area
Plus mezzanine for storage and a small office on Level 1
Kitchenette & bathroom area

SGS Tenancy
170 sqm* warehouse
65 sqm* of office space
Kitchenette & bathroom area

Vacant office/ mezzanine - used by owner
40 sqm* of office
Plus mezzanine area

Please contact the agent for further information and inspection of the property


*approx.
Disclaimer; 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.