58 Sydney Street,
Mackay, QLD 4740

For Sale Contact Agent for Details

Blacks Real Estate and Colliers International are excited to present this exceptional property for sale.

The property is a freehold, multi-tenanted, incoming producing asset positioned along the busy road of Sydney Street. The property is surrounded by major banks, Post Office, Law Enforcement, Solicitors, Accountants and Shopping Centres.

This rare, high profile site presents an opportunity for a variety of uses, including office, medical, ground floor retail and restaurant and comes with 33 onsite carparks.

Located in the Mackay CBD this, 1,667m² block, is improved with a 2 storey 953m² net lettable area building, comprising of both good quality air conditioned office space and potential for restaurant space with outdoor dining.

With a total anticipated fully leased income circa $300,000.00 + GST per annum and current total property outgoings of $64,115.00 the current lease income of $80,188.96 more than covers the current outgoings.

PROPERTY HIGHLIGHTS:
–Prime CBD location
–Major refurbishment works completed to courtyard in 2018
–33 onsite carparks
–Plenty of on street parking available
–Located on busy Sydney Street
–Exposed to high volume of cars daily
–Plenty of foot traffic
–Zoning permits various uses including office, medical, ground floor retail and restaurant

For an inspection of the property please contact one of our specialist agents