DA Approved Self-storage Development on high exposure corner site of Paget industrial precinct

This development site in Paget (Mackay) is approved for development of a self-storage facility of 2,156sqm. The site provides a strong holding income, with the upside of being ready to commence development of a lucrative self-storage facility.

The property is held over three allotments with separate titles. Currently earning $158K* of gross rent pa across 5 tenants, it is at 100% occupancy with short WALE to allow for redevelopment.

• DA Approved for the provision of 2,156sqm of self-storage area with currency to June 2030.

• Low Impact Industry zoning, near level platform with good access and main road position (11,000 VPD*)

• Located within the established industrial precinct of Paget, approximately 4.5km south-west of the Mackay City centre and 3 km west of Mackay Airport.

• Currently leased to 5 different tenants at 100% occupancy with short WALE to allow for redevelopment

• Estimated Net income currently $118,764 per annum*

• Expressions of Interest closing Tuesday 8 April 2025 at 4pm (AEST)

Please contact the agent for an Information Memorandum

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.
*Approx