Investment
Status
Sold
Sale
Price
$13.97M
Date of
Sale
Nov '19
Day One
Distribution
11.20%
Internal Rate
of Return*
20.29%
Cash Return
(per $1)
$2.52
Term
6yrs 11mths
About Sentinel Mackay Industrial Trust
The property located at 25-43 John Vella Drive, Paget, Mackay is fully leased to Toll North Pty Ltd and Toll IPEC Pty Ltd (trading as Toll NQX and Toll IPEC, 100% subsidiaries of ASX listed Toll Holdings). The site comprises 3 buildings totalling 8,514m2 of modern warehouse, workshop and office space, as well as significant hardstand and truck manoeuvring area.
The property benefits from some excellent fundamentals, namely its large 3.65ha parcel of industrial zoned land and with only 23% site coverage there is scope for expansion/development opportunities in the future.
The industrial area of Paget is located approximately 5km south of the Mackay CBD and 2km west of the Mackay airport.
Gallery
Location
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