For Sale Expressions of Interest Closing 30th July 2020

135 -137 Nebo Road, MACKAY QLD, 4740


    Property Details

    Explore Property Commercial are proud to present "Fourways Plaza" at 135 -137 Nebo Road For Sale!

    This bustling allied health and retail investment property is anchored by AFS pharmacy and features national tenant's including Pizza Hut, Subway, TAB (UBET), and Mind Australia (community mental health services). Over 58% of the current passing income is generated from allied health/ medical tenants.

    There is room within the property to incorporate a GP or large medical centre, adjacent to the pharmacy.

    The current passing net income is approximately $263,000 per annum*. The total potential fully leased net income is approximately $415,000 per annum*. It offers a WALE of 4.45 years (by gross rent).

    This building offers 1,660 square metres of lettable area and is divided into 8 tenancies*.

    "Fourways Plaza" is situated on the corner of Nebo Road (the Bruce Highway (A1) through Mackay) and Bridge Road (a major connector road). It has exposure to over 18,000 vehicles per day, travelling along Nebo Road.

    There is onsite car parking for up to 35 cars.

    Businesses in the immediate vicinity include Queensland X-Ray and a mix of allied health businesses, retail, food outlets and various services. The Base Hospital is in close proximity.

    Features of this property include:

    > The property is partly leased with an estimated passing net rental of $263,000per annum;
    > The potential fully leased net income is estimated at $415,000*;
    > WALE of 4.45 years by Gross Rent;
    > Incredible onsite car parking;
    > Modern, well presented freehold building;
    > NLA of 1,660 square metres*.

    For Sale by Expressions of Interest closing 4:00pm, Thursday 30th July 2020.

    Contact our team today to obtain an Information Memorandum or to find out more!

    *Approximate, estimated and subject to confirmation by survey.

    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.

    For Sale

    Expressions of Interest Closing 30th July 2020

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    Jordan Miller

    Commercial Director

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