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34 Central Park Drive Paget, QLD 4740

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34 Central Park Drive,
Paget, QLD 4740

Warehouse, Factory & Industrial

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Pagets Best Value Buying Proposition

  • 3,500m²* high quality office warehouse
  • 10,400m²* level land parcel
  • Easy access to airport, rail and highway
Colliers International and PRDnationwide Mackay are pleased to present this outstanding modern office/ warehouse building in Paget, Mackay’s premier business and industrial address for sale by Offers to Purchase.

34 Central Park Drive is ideally located within close proximity to the Mackay airport and the Railway Station and Goods Yards cementing is strategic position within this important Queensland economic centre. Occupying a 10,430m²* industrially zoned land parcel this state of the art 3,500m²* two level building has an enviable mix of 50% office and 50% warehouse. Cor Cooling, a subsidiary of multinational H-E Parts International, occupying 57% of the available space provides a strong base income stream with the value add opportunity coming from the re-tenanting or occupation of the vacated fully fitted out office space and underdeveloped hard stand area.

The near term expiry of the ILCO lease presents an excellent opportunity for strategic investors or intending owner occupiers to steer the property in a new direction.

Well recognised as Mackay’s best architecturally designed commercial building the property is a stand out proposition in commercial market clearly entering into an upswing phase.

The key features of the property include:

• 3,450m²* high quality office warehouse
• 10,430m²* level land parcel in Paget
• 70 on site car parks including 9 secure undercover bays
• Leased to ILCO, COR Cooling, Scope Equipment Hire
• Current net income $689,300*Net
• Forecast fully leased net income $882,500*
• Low impact industry zoned site
• Located adjacent to the airport and 7* minutes from the Mackay CBD
• Easy access to airport, rail and highways heading north, south and west.

For further information or to arrange an inspection please call the marketing agents.

*Approximately.

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Property ID: 502958214Last Updated: 12 Jan 2023

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34 Central Park Drive
Paget, QLD 4740
Colliers - Brisbane
Level 30, 111 Eagle Street
BRISBANE CITY, QLD 4000

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