CBRE from CBRE is pleased to offer to the market an outstanding dual-tenanted LFR opportunity located at 2 Heaths Road, Mount Pleasant (Mackay) QLD 4740 for sale via Expressions of Interest.

The opportunity has the following key investment highlights:

+ Anchored by ten (10) year net lease to Beacon Lighting through to 2028 plus two (2) further seven (7) year options to 2042
+ Beacon Lighting occupies 64% (680sqm* NLA)
+ Beacon Lighting: ASX-listed with a market cap of $825 million*, Australia’s leading specialist in lighting, ceiling fans, and globes, with a national network of over 119 stores
+ Supported by a twelve (12) year net lease to Bedshed through to 2028 with one (1) further five (5) year option to 2033
+ Bedshed: one of Australia’s largest mattress, bedding and bedroom furniture retailers, with a network of over 37 stores. Backed by AXS-listed Joyce corporation
+ Tenants pay 100% of outgoings excluding land tax
+ Mixture of favourable CPI and fixed 3% annual reviews, ensuring consistent rental growth
+ Prominently positioned on a substantial 3,971sqm* corner landholding with direct frontage to Bruce Highway and Heaths Road, major arterials combining to service over 38,000 vehicles daily*
+ Improved by modern 1,502sqm* tilt panel construction retail showroom with ample onsite parking
+ Perfectly positioned in a key retail precinct, directly opposite McDonald’s and Harvey Norman, and within immediate proximity of Northpoint Retail Shopping Mall anchored by The Good Guys, Supercheap Auto and 7 other national large format retailers
+ Mount Pleasant: Mackay’s premier inner-city suburb, just 2km* from the CBD, offering a mix of retail, residential, and medical precincts. Median house prices have surged 22% in the past 12 months
+ Mackay: renowned as the sugar capital of Australia, producing over 30% of the nation’s cane sugar. A thriving regional hub with a GRP of $14.8 billion
+ Net Income: $403,176 pa* + GST

For Sale via Expressions of Interest
Closing Wednesday 20 August at 3pm AEST
(if not sold prior)

Please contact the exclusively appointed sales team for more information.

*Approx.