Government Tenanted Investment Property

Mackay City Property Commercial are pleased to present to the market this Government-Tenanted investment opportunity consisting of an office building located at 41 Gordon Street, Mackay QLD 4740.

The property features key strengths outlined below:

• Estimated Net Rental $215,000 pa*
• Lease Term 4 + 2 + 2 years with current 2 year WALE
• Tenant, The State of Queensland – Department of Energy & Public Works
• Purpose-built in 2006 for Department of Child Safety, Youth and Women
• Lease constantly renewed ever since over the past 17 years
• Building GFA 665 m2*, Land Area 1418 m2
• Freestanding office building in CBD corner location

Price $2,690,000 at 8% Yield

Contact the marketing agent to request an Information Memorandum

*Approx

Disclaimer:
The Agent does not give any warranty as to errors or omissions, if any, in these particulars, the provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.