9 Tennyson StreetMackay QLD 4740
Property Details for 9 Tennyson St, Mackay
Last Listing description (August 2023)
Knight Frank is pleased to present to the market this near new office building located at 9 Tennyson Street, Mackay. The building has recently undergone a major fit out renovation to accommodate the Department of Children, Youth Justice and Multicultural Affairs on Level 1. The ground floor is occupied by Caterpillar Australia and Pentacon.
Key Features:
-Located on a near square allotment of 2,008 sqm
-First floor comprises of 1,218 sqm across one tenancy
-Ground floor comprises of 560 sqm across two tenancies
-End-of-trip facilities to both levels with 40+ secure on-site car parks
-Disability compliant with lift access and 5 Star NABERS Energy Rating
-Combined current NET income of $549,564.78 and WALE of Approx 6.5 years
-High end tenant profile on the ground floor including Caterpillar Australia and Pentacon
-New 8-year & 7-month lease to the Queensland Government on Level 1 accounting for 70% of the building income
For further information or to arrange an inspection please contact Paul Dury of Knight Frank
Property History for 9 Tennyson St, Mackay, QLD 4740
- 14 Oct 2024Sold for $6,625,000
- 01 Aug 2023Listed for Sale Please contact agent for details.
- 26 Aug 2019Listed for Rent - Price not available
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0About 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 3,481 properties. Over the last 5 years, Houses in Mackay have seen a 69.29% increase in median value, while Units have seen a 120.90% increase. As at 30 November 2024:
- The median value for Houses in Mackay is $445,364 while the median value for Units is $394,164.
- Houses have a median rent of $483 while Units have a median rent of $450.
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