7 Commercial AvenuePaget QLD 4740
Property Details for 7 Commercial Ave, Paget
Last Listing description (January 2023)
Raine&Horne Commercial Mackay is pleased to present 7 Commercial Drive, Paget, Mackay to the market for sale.
Premium Industrial Investment
Net annual rent of $660,000 + GST
Generous on-site car parking
This exceptional investment opportunity is strategically located in the highly desirable and tightly held 'High Impact' industrial heart of Mackay. This location provides unparalleled connectivity to the Stockroute Road Bypass and Bruce Highway, while being within close proximity to the Mackay CBD and the Mackay Airport.
The building offers 3,934sqm* workshop, warehouse & office with the following salient features:
Rectangular shaped 10,000sqm* industrial land with excellent street presence/presentation and room for future expansion
. The facility includes 3,300sqm* workshop/warehouse plus 578qm* office areas over 2 levels, plus 56sqm* paint booth
Fully leased to Expressway Spares, a major supplier to the Earthmoving Industry. They have catered to the mining, general contracting and rural sectors since 1964
Substantial infrastructure included (eg. 3x 10t overhead gantry cranes, 12x gantry cranes, paint booth, extensive concrete hardstand, 3000L oil separator)
Generous on-site car parking
Contact Des Besanko for further information, IM and site inspection on 0419 860 129
For Sale via Expression of Interest closing 4th August 2022 at 4:00pm (AEST).
*Approx
Property History for 7 Commercial Ave, Paget, QLD 4740
- 02 Nov 2022Sold for $9,981,400
- 01 Jul 2022Listed for Sale Contact Des Besanko for more Information
- 06 Oct 2017Sold for $5,335,000
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0About 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.
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