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    • About this property
    • Explore Paget
    • 8.5% Yield Investment Opportunity - Ultratune Workshop - Paget Mackay

      Property ID 1486192
      The owners of this hi-exposure industrial warehouse leased to national tenants ULTRATUNE and EDI Mining subsidiary are regretfully offering this great investment property to the market for sale.
      This 500 sqm* concrete building with steel purlins and metal roof was erected in 1998 on a 855 sqm industrial block in the major industrial estate of Paget, south of Mackay. Its two tenancies, Ultratune on a 6x5 lease term and SGS Australia on a 2x1 lease term, provide a net rent of $50K per annum, local tax and building insurance are payable by the tenants.

      Ultratune tenancy details
      195 sqm* workshop area
      30 sqm* office/reception area
      Plus mezzanine for storage and a small office on Level 1
      Kitchenette & bathroom area

      SGS Tenancy
      170 sqm* warehouse
      65 sqm* of office space
      Kitchenette & bathroom area

      Vacant office/ mezzanine - used by owner
      40 sqm* of office
      Plus mezzanine area

      Please contact the agent for further information and inspection of the property


      *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.