91 Connors Rd (Paget) Mackay QLD

Large land area: 30,900 sqm.
Buildings: 8,492 sqm – 27% site coverage.
Premier industrial location close to airport.
Gateway to the Bowen Basin-Australia’s largest coal reserves.
Major infrastructure facility.
Rare triple net lease.
Net income in 2019 $977,615 pa, in 2023 $1,100,315 pa.
Current Net Income: $868,599 pa + GST.

This listing is part of a 3 property UGL portfolio offering, with locations in Port Hedland WA, Townsville QLD and Mackay QLD.
All 3 investments feature:
10 year leases to 2024 plus option to 2029.
Leased to ASX Top 200 multi-national with over $4.5 billion income (2014).
Rare triple net leases.
Long term tenant (over 20 years) with substantial capital investment.
Large land parcels.
Sought after strategic industrial locations.
Facilities used for major infrastructure support operations.
Annual rent increases: greater of CPI + 1.0% or 3.0%.
Net Income Range: $298,700 pa to $868,599 pa + GST.

To be sold separately

Michael Gilbert 0430 024 790
Pat Kelly 0412 244 456