Deceased Estate - Fully Lease Retail Investment

Due to a death in the family, this well maintained, fully leased investment property is now for sale and will be sold at public auction on Friday, 13th September, 2024 at 10.00 am.

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The property has three long standing tenants who have all signed 3 year lease terms.

The tenants include:

1. Perfect Pointe Dance Boutique
2. Bernina Sewing Centre Mackay
3. Barber Cuts Mackay
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Key Investment Attributes:

WALE: 2.91 years
Net Income: $26,715 ($39,440 gross)
GFA: 171 m2
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The owners have done an exceptional job getting the property ready for sale and will provide buyers with a comprehensive due diligence folder that contains:

• Pest and building report;
• Air-conditioning Maintenance Receipts;
• Details on the new roof / awning;
• Various certificates;
• Plans; and lastly;
• 3 Freshly Signed Leases
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A detailed information memorandum is available upon request as is access to the Due Diligence folder mentioned above.

Offers are invited pre-auction though they would need to be unconditional in nature.

Please contact Elliot and Stephen today for further information.

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Explore the area

School catchments

Mackay Central State School Primary Prep-6 Government 0.34km
St Patrick's College Secondary 7-12 Catholic 0.45km
St Mary's Catholic Primary School Primary Prep-6 Catholic 1.3km
Mackay State High School Secondary 7-12 Government 1.3km
Victoria Park State School Primary Prep-6 Government 1.3km
St Patrick's College - Mercy Campus Secondary Catholic 1.4km
St Joseph's Catholic Primary School Primary Prep-6 Catholic 2.2km
Mackay North State School Primary Prep-6 Government 2.3km
St Francis Xavier Catholic Primary School Primary Prep-6 Catholic 2.5km
Mackay West State School Primary Prep-6 Government 2.5km
Mackay Christian College Combined Prep-12 Independent 3.0km
Mackay North State High School Secondary 7-12 Government 3.1km
Catherine McAuley College Secondary 7-10 Catholic 3.3km
Mackay Christian College - Providence Junior Campus Primary Independent 3.3km
Fitzgerald State School Primary Prep-6 Government 3.4km
Glenella State School Primary Prep-6 Government 4.2km
Holy Spirit College Secondary 7-12 Catholic 4.4km
Emmanuel Catholic Primary School Primary Prep-6 Catholic 4.5km
Whitsunday Anglican School Combined Prep-12 Independent 4.8km
Northview State School Primary Prep-6 Government 4.9km
Carlisle Adventist College Combined Prep-12 Independent 5.0km
Pioneer State High School Secondary 7-12 Government 5.2km
Mackay Northern Beaches State High School Secondary 7-12 Government 8.7km
Sarina State High School Secondary 7-12 Government 31.1km
Mirani State High School Secondary 7-12 Government 33.3km
Calen District State College Combined Prep-12 Government 50.7km
St Catherine's Catholic College The Whitsundays Combined Prep-12 Catholic 101.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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