 Asset Class: | Industrial |
 Price: | $ 650000 |
 Net Yield: | 6.50 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
Well-positioned industrial warehouse with dual access in a high-demand precinct near Bunnings and Paget. This versatile industrial unit, including office and amenities, is situated in a quiet, tightly held industrial complex, offering excellent connectivity to major transport routes. Leased to Epic Window Tinting, a family-owned Mackay business operating since 2012, specializing in XPEL ceramic coating and automotive tinting and serving clients across the Mackay and Sarina region for 13 years. Epic's 5-year net lease commenced in February 2025, with options until 2035, generating $42,200 net annual income and a WALE of 4.97 years.<br>The warehouse itself features dual 4m high roller doors, 6.3m clearance, and 3-phase power, allowing for flexible operations. The 248 sqm net lettable area includes a 126 sqm workshop and 122 sqm of office space across two levels, complete with a reception area, workstations, kitchenette, and amenities. Positioned 5 minutes from Mackay CBD and close to Mackay Airport, the property benefits from off-street and on-street parking. Easy access to the Bruce Highway and Peak Downs Highway enhances connectivity. <br><br>Tenant website: <a style="color:rgb(44, 123, 208);display:inline;" target="_blank" href="https://www.epicwindowtinting.com.au/"><u>https://www.epicwindowtinting.com.au/</u></a><span></span><br><br><br><br><br><br><br><br><br><br><br><br><br><br>
How old is the asset?
Vendor's reason for selling?
Days property been on market?
Is this property strata titled?
Are the seller and tenant related parties?
How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
Initial Term:
Security:
3 month bond
Security Info:
3 month bond
Initial Term:
Security:
3 month bond
Security Info:
3 month bond
12/2 Jeffcoat Street, Paget, 248m2, $170/sqm Unit 4, 78-88 Maggiolo Dr, Paget, 799m2, 3-year lease, larger floor plate, $170/sqm T2, 157-159 Maggiolo Dr, Paget, 812m2, larger floor plate, $180/sqm 15 Central Park Dr, Paget, 612m2, 1-year lease, $200/sqm Unit 1, 78-88 Maggiolo Drive, Paget, 565m2, $230/sqm (3+3 leased Feb 2025) 3/1 Centurion Drive, 225m2, $172/sqm (older lease) 4/53 Central Park Drive, 281m2, $160/sqm (older lease)
Offer To Purchase:
$
Initial Deposit:
$
Due Diligence:
days
Finance:
days
Settlement:
days
<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Leased to Epic Window Tinting – 5-year net lease to 2030, with option to 2035</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">248 sqm net lettable area + mezzanine</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Two 4m roller doors with drive-through access</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Zoned General Industry – Mackay Regional Council</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Close to major trade retailers, including Bunnings and Sydney Tools</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Fully equipped workshop and office space in a thriving industrial hub</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Contracts subject to finance & due diligence</span></p></li><li style="list-style-image:none;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Inspections & video walk-through available upon request</span></p></li></ul>
