Stonebridge National Investment Sales is pleased to present to the market United Paget (Mackay) for sale via Expressions of Interest Closing Friday 28 October at 3pm (AEDT).
The asset has the following key investment features:
- Brand new 12 year lease to 2034 + options to 2064
- United & Pie Face - Blue chip fuel & convenience retailer operating circa 465 sites nationally
- Brand new improvements providing substantial initial depreciation benefits with up to 70%* of the first year's income tax deferrable
- Substantial 8,399 sqm corner site, boasting 76 metres of direct frontage to Bruce Highway (25,788+ vehicles daily)
- Well configured truck stop offering with dedicated heavy vehicle parking and high-canopy diesel forecourt plus drive-thru Pie Face
- Prime position within high performing Paget logistics precinct - the largest mining services industrial precinct in the southern hemisphere, home to over 500 mining and manufacturing businesses as well as major national retailers including Bunnings, Sydney Tools, Total Tools, RSEA, Beaurepaires and Repco
- Mackay - Thriving regional centre home to 117,900+ residents*, possessing a diverse $17.16 billion* economy supported by globally recognised resource & engineering sectors, as well as agribusiness, construction, logistics, education & tourism
- Fuel Tanks & Lines become the property of the tenant in Year 2 of the lease
- Net lease - tenant pays all usual outgoings as per lease
- Fixed 2.5% annual rent increases
- Estimated Net Income of $426,275 pa* + GST
*Approximate
United Paget (Mackay) is for sale via Expressions of Interest Closing Friday 28 October at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 506
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 878 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:
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