OVERVIEW

Cushman & Wakefield National Investment Sales are delighted to present Southern Cross Industrial Group’s Australian Head Office to the market for sale via Expression of Interest closing at 4pm on Wednesday the 8^th of May 2024.

The asset offers the following key attributes:

- Southern Cross Industrial Group’s Australian Head Office

- Brand new industrial investment - completed in 2023

- 10-year lease until 2033 + options until 2043

- Leased to Southern Cross Industrial Group ($70m+ revenue in 2023)

- 3.11 Ha Site Area

- 15,280m2 unimproved allotment allowing a range of additional development options (STCA).

- 3,851m2 Total Gross Floor Area

- Improvements comprise Retail, Office, Warehouse and Workshop areas

- Tenant pays 100% of the outgoings

- Attractive 3.0% increases

- Located in Paget - 10 minutes south from the Mackay CBD

- Paget is widely regarded as Australia’s best regional industrial market

- Located alongside national tenants including Hastings Deering, Blackwood’s, Thiess and Komatsu

- Mackay is the gateway to Queensland's Greater Whitsunday Region (population 135,000+)

Net Annual Rent: $1,236,000pa

For further information, to arrange an inspection or to access the due diligence data room, please contact Daniel Cullinane, Patrick Birchley or Evi Meka of Cushman & Wakefield National Investment Sales.

*Approximate