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512 Milton Street

512 Milton Street, Paget, QLD 4740

For Sale Industrial/Warehouse
Please Contact JLL
Property No. 43388

Building Information

8 Year WALE - New Cold Storage Facility

JLL is pleased to present to the market, this premium cold storage investment opportunity that is 512 Milton Street, Paget.

512 Milton Street is located within the Southgate Industrial suburb of Paget in the North Queensland city of Mackay. Paget is Mackay’s primary industrial precinct located approximately 6 kilometres south of the Mackay CBD and approximately 2.5 kilometres from the Mackay Airport. The property has excellent access to the Bruce Highway, which in turn provides access to mining towns to the west of Mackay. Other established businesses within the Paget area include Hitachi Mining and Construction, Cummins, BlueScope, BOC and Liebherr Australia.

Key features of this offering include:

- New state of the art cold room / freezer facility
- Leased to Scott’s Refrigerated Logistics until 2029 with options
- Returning $504,419.67* per annum net
- Highly spec’d building that includes; drivers quarters (10 rooms), wash bay, way bridge and fully automated gates
- Low site coverage facility allowing for container set down areas and truck parking
- Access to the main facility is via four raised docks (with dock levellers and inflating seals) on the front of the building as well as an on grade ramp access down the side of the building

For more information or for a copy of the IM, please contact the Exclusive Agents from JLL.

*Approx.

Last updated

06 Oct 2021

Building

Whole

Floor area

5,816 sqm

Land area

5,816 sqm

Tenure Type

Tenanted

Within walking distance

Within walking distance

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