OFF MARKET

1 Interlink Court
Paget QLD 4740

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5029m2
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Property Details for 1 Interlink Ct, Paget

Building Type
Land
Land Size
5029m2
Local Government
Mackay Regional
Lot/Plan
102/SP206825

Last Listing description (March 2023)

+ Secure 10-year triple net lease to 2026 plus seven further 10-year options to 2096.
+ Viva Energy Group Limited (ASX: VEA), a blue-chip $3.18 billion ASX-listed company and Shell's Australian licensee with over 1,300 retail fuel sites across Australia**.
+ Viva Energy controls 24% of Australia's retail fuel market, with retail fuel sales volume up 23% in the first half of 2021**..

+ Rare, landlord-favourable, triple net lease terms with tenant responsible for rates, building insurance, public liability insurance and land tax.
+ Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Guaranteed rental growth with annual fixed 3% rent increases.
+ Major 5,029sqm* corner site on an important four lane carriageway with future development opportunity (STCA)
+ Conveniently positioned within Mackay's major industrial business precinct, anchored by various high-profile tenants including Star Track, TNT, BOC and Coates Hire.
+ Located 1.6 km away from Mackay Airport, one of Queensland's busiest regional airports, servicing over 1 million passengers per year.****
+ Situated 1,200m away from Bruce Highway a major Queensland arterial servicing an average of 14,460 vehicles per day.***
+ Mackay is the gateway to the rich coal deposits in the Bowen and Galilee Basins and hosts much of the engineering, manufacturing and resource service industries supporting the wider Mackay-Isaac-Whitsunday economies.*****
+ Mackay Regional Council: One of the fastest growing regions in Queensland, with a population forecast to grow 45% to 118,000+ by 2036.*****
+ Mackay City: commercial hub of the Whitsundays and Queensland fourth largest regional city.*****
+ Strategic essential service investment.
+ Net Rent: $86,945 pa

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021

2 other Viva Energy freehold investments also available.
Contactsales teamformoredetails.

**Viva Energy
***Gap maps
**** Mackay Airport
*****Mackay Regional Council

*All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 1 Interlink Ct, Paget, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$1,270,000
30 Sep 2021
  • 30 Sep 2021
    Sold for $1,270,000
  • 26 Aug 2021
    Listed for Sale Price on Request
  • 10 Jul 2016
    Sold for $39,900,000
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About Paget 4740

The size of Paget is approximately 14.1 square kilometres. It has 11 parks covering nearly 6% of total area. The population of Paget in 2011 was 360 people. By 2016 the population was 291 showing a population decline of 19.2% in the area during that time. The predominant age group in Paget is 50-59 years. Households in Paget are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paget work in a machinery operators and drivers occupation. In 2011, 62.4% of the homes in Paget were owner-occupied compared with 44.6% in 2016.

Paget has 879 properties. Over the last 5 years, Houses in Paget have seen a 61.76% increase in median value, while Units have seen a 137.26% increase. As at 31 October 2024:

  • The median value for Houses in Paget is $494,065 while the median value for Units is $398,578.
  • Houses have a median rent of $48,000 while Units have a median rent of $420.
There are currently 6 properties listed for sale, and no properties listed for rent in Paget on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Paget.

Suburb Insights for Paget 4740

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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.