New 10 year lease commenced 2019 plus options to 2039
Modern well designed 2 year old centre with service approval for 94 LDC places
Annual 3% fixed rent increases
Land area 2,757 sqm
Building area 539 sqm
16 On-grade lined car parks
Walkerston: residential growth area 14 km to Mackay CBD Mackay: fast growing commercial centre underpinned by agriculture, mining and tourism
Population 120,000
Tenant pays all outgoings as per the lease
Excellent depreciation & taxation allowances
Net Income – $169,000 pa + GST

Auction: 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne