Buy & Restore to Former Glory - Commonwealth Bank Building, Mackay

Mackay City Property (Commercial) are proud to present to the market for sale the historical Commonwealth Bank Building located at the heart of the Mackay CBD and part of the Mackay Waterfront Priority Development Area.

The building was designed by Francis Drummond Greville Stanley and was built in 1881 by Southall & Tracey. Initially known as the Australian Joint Stock Bank, it became the Commonwealth Bank building in 1934 where the bank operated until 2014.

The building has since fallen into disrepair and is looking for a new owner to restore it to its former glory.

It presents the key features outlined below:

• Land Area 931 sqm*
• Building GLA 1746 sqm*
• Zoning Mackay Waterfront PDA (broad range of commercial & residential uses)
• Adjoining the Mackay Court House
• Flood free elevation based on 1% AEP Flood Event survey
• High foot traffic exposure
• Statutory Charges $15,760 per annum*

Contact the marketing agent to request an Information Memorandum

* Approximate

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.