High Yielding CBD Investment Value Add Opportunity

224 Victoria Street, Mackay QLD

Property Highlights

Modern two storey office and retail
5-Star NABERS Energy Rating
High yielding

Description

– Offering includes a modern double storey retail and office building (224) plus adjoining, separately titled land and building (222)
– High yielding with opportunity to further develop (STCA)
– Building area: 2,103 sqm
– 5-star NABERS Energy rating
– Multiple tenants plus rental guarantees in place
– Office block entry foyer is accessible via both the front and rear of the building
– Full disabled access
– Improvements on 222 two storey ‘Queenslander’ with single specialist engineering tenant
– Good profile and main road exposure
– Land area: both sites (222 & 224) combined 2,022 sqm
– On-site parking for 26 vehicles
– Fully Leased Net Income: $442,468 p.a. + GST

For sale via ‘Expressions of Interest’
Closing 4pm AEST, Tuesday 29 September 2020

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Commercial
Land Size
2,022 SQM
Building Area
2,103 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights