<span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Anchored by Superior Foods, a $6B division of Metcash ($18B ASX-listed), this Queensland freehold industrial asset sits in the highly sought-after Slade Point Industrial Estate, adjacent to Mackay Harbour. The fully concreted site features a large showroom, warehouse, two-story office, expansive dry store, four freezer rooms, two loading docks, and quality internal finishes. With Mackay’s low industrial vacancy and limited supply of vacant land, this property presents a strong opportunity with the added security of a 7 + 5 year lease in place to Superior Foods, Australia’s third-largest food service distributor acquired by Metcash in 2024 to strengthen Metcash’s national food and liquor distribution. Offered to the market for the first time since the State Government’s 1980s land release, the property is strategically positioned with direct access to the Port of Mackay and within 2km of major transport routes, including the Bruce Highway, Peak Downs Highway, Mackay Railway Station, and Mackay Airport, making it a key hub for a wide range of warehouse, distribution, manufacturing, mining, and engineering operators.</span><br><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• 4111m2 freehold industrial site</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• 1624m2 lettable area</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Showroom, offices, warehouse, loading bays, concrete hard stand, wide access</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• $6B national food wholesaler tenant</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• 7 + 5 year lease in place</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• $261,576 net income</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• 3% annual increases (Next rental increase scheduled July, ~3 months from settlement)</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Tenant responsible for all outgoings including rental mgt and land tax</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Concrete driveway, parking for 17 vehicles, and street-front landscaping.</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Industrial LED high-bay lighting</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Fully air-conditioned</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Dual amenities</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Zoned: Low Impact, Mackay Regional Council</span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">• Security: ASX covenant</span><br><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);">Tenant websites:</span><br><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);"><a target="_blank" href="https://superiorfs.com.au/">https://superiorfs.com.au/</a></span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);"><a target="_blank" href="https://www.metcash.com/">https://www.metcash.com/</a></span><br><span style="color:rgb(34, 34, 34);font-style:normal;font-weight:normal;background-color:rgb(255, 255, 255);"><a target="_blank" href="https://mars-metcdn-com.global.ssl.fastly.net/content/uploads/sites/101/2024/03/12095501/Investor-Day-2024-presentation-FINAL.pdf">https://mars-metcdn-com.global.ssl.fastly.net/content/uploads/sites/101/2024/03/12095501/Investor-Day-2024-presentation-FINAL.pdf</a></span>