Investment
Status
Open
Nov '24 Net
Distribution
8.00%
About Sentinel 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 8,514sqm 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.
The Industrial Trust is an open ended Pooled Trust compromising of Mayfield, Paget (Sandvik), Tuggerah, Paget (Emeco), Bohle, 22 Gateway Drive, Anton Road, 71 Industrial Drive, John Vella Drive, Maggiolo Drive, Mitchelmore, Roseneath, Formation Street, Crocodile Crescent, East Brisbane, Gardner Court, Wulguru, Paget (Enterprise Street), 27-45, 52 Len Shield Street, Paget, and Ron McLean Drive.
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