Description
Circa 7% Yield - Entry Level Investment Opposite Woolworths
Retail Sold - Walkerston QLD
– 3 year lease to Australia Post to December 2023 + 1 x 3 year option
– 3 year lease to Australian Management & Safety Training to June 2022 + 1 x 1 year option
– Located in the central hub of Walkerston, fronting Dutton Street (The Peak Downs Highway) which connects Mackay City to the major mining town
– Walkerston is a growth precinct approximately 14 km west of Mackay, a major regional city with a population of approximately 120,000
– Close proximity to two schools
WALKERSTON PROFESSIONAL CENTRE
– Modern 2 storey, freehold building directly adjoining Walkerston Country Plaza
– Construction: Besser block walls on concrete slab with colorbond iron roof
– Net lettable area of approximately 272 sqm
– Site area of approximately 592 sqm with rear street access
– Purpose built in 2000 to house Australia Post on the ground level
– Australia Post in occupation for 20 years
– Upper level occupied by Australian Management & Safety Training
– Rear concrete pad providing parking for 8 vehicles
– Net Income $44,697 p.a. + GST
Property Features
- Retail
- Land is 592 m²
- Floor Area is 272 m²
Commercial Features
Highlight 1
3 year lease to Australia Post
Highlight 2
Located in the central hub of Walkerst
Highlight 3
Net Income $44,697 p.a. + GST
