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28 Grandview Drive Mackay, QLD 4740

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28 Grandview Drive,
Mackay, QLD 4740

Shops & Retail • Offices • Showrooms & Large Format Retail

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Versatile Bank Investment

  • 10 Year Lease to 2021 + Options
  • Annual Fixed 3% increases
  • Recent $1.2M Westpac refurbishment
Secure 10 year lease to 2021 plus options to 2031.
Annual fixed 3% increases.
Westpac Limited: 3rd largest ASX listed company with market cap of $95 billion (March 2016).
Versatile 338 sqm building (26% site coverage) refurbished in 2011 by Westpac – estimated cost of circa $1.2 million.
Commanding 1,278 sqm site with exposure to high traffic Bruce Highway set amongst large format retail & neighbourhood shopping precinct with tenants including Centrelink/Medicare, Spotlight & Mount Pleasant Shopping Centre anchored by Coles, Woolworths & Target.
9 car spaces on Title with additional 37 shared spaces.
Mackay: Coal and sugar cane capital of Australia, gateway to the Bowen Basin – trade catchment circa 150,000.
Rent: $117,192 pa.

Auction 11am AEDT Wednesday 6 April.
River Room, Crown Casino Melbourne.

Property ID: 501879526Last Updated: 15 Aug 2016

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28 Grandview Drive
Mackay, QLD 4740
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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