FOR SALE
$5,500,000

16 & 18 Victoria Street
Mackay QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4452m2
Land area: 5174m2
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Price Reduced (8.3%) Retail/Industrial CBD Investment $5,500,000

RWC Retail are proud to present for sale 16-18 Victoria Street, Mackay - an ASX-anchored tenanted investment and prime development site in the heart of the Mackay CBD. For Sale at $5,500,000 (8.3%)
|What|
• Large-format 4,102sqm* Campbells Wholesale retail store supported by a 350sqm* C&C Panel & Paint auto body repair shop.
• Campells Wholesale tenancy provides highly desirable cold storage, refrigeration and bulky goods storage space in addition to a retail floorspace
• Campbells is a wholly owned subsidiary of Metcash (ASX:MTS), Australia's largest wholesaler with a $3.6bn market cap
• Unrivalled 5,174sqm* island site in the Mackay CBD with 4-street frontage totalling over 300m* and unimpeded riverfront views
• WALE of 2.33 Years (By Area)
• Fully Leased Net Income of $455,564 + GST p.a.
|Where|
• 90 minutes flight North of Brisbane and 60 minutes flight South of Townsville, the Mackay CBD is the heart of the continually growing Mackay-Whitsundays region
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Property Details for 16 & 18 Victoria St, Mackay

Building Type
Commercial
Floor Size
4452m2
Land Size
5174m2

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About Mackay 4740

The size of Mackay is approximately 4.4 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Mackay in 2011 was 4,070 people. By 2016 the population was 3,642 showing a population decline of 10.5% in the area during that time. The predominant age group in Mackay is 20-29 years. Households in Mackay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mackay work in a professional occupation. In 2011, 31.8% of the homes in Mackay were owner-occupied compared with 31.8% in 2016.

Mackay has 3,461 properties. Over the last 5 years, Houses in Mackay have seen a 62.48% increase in median value, while Units have seen a 127.90% increase. As at 31 October 2024:

  • The median value for Houses in Mackay is $425,647 while the median value for Units is $378,175.
  • Houses have a median rent of $485 while Units have a median rent of $450.
There are currently 68 properties listed for sale, and 23 properties listed for rent in Mackay on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Mackay.

Suburb Insights for Mackay 4740

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Michael Feltoe
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Lachlan O'Keeffe
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RWC Retail QLD
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.