21 Reynolds Street

Mareeba QLD 4880

There is a lack modern industrial properties in the region of the quality of 21 Reynolds Street, which is reinforced by its choice a as Government tenancy.
The subject property is located on a 1998m2 Freehold allotment, is a substantial and versatile property and was built to a high standard that would suit a multitude of industrial uses.
Total under-roof improvements of 790m2 of include:
- 450m2 Warehouse space
- 100m2 Office
- 270m2 Open Awning area
The complex which was designed for owner occupation, features modern surfacing throughout including industrially painted concrete floors to the warehouse and tile office areas as well as 150mm concrete flooring to workshop and driveways.
The warehouse area has been designed for the tropics, with insulated roof and cross flow ventilation as well as easy access with a potential for a number of dedicated work bay areas. The building features 6m clearance wall height, twin 4m wide industrial electric roller doors (5.4m high), internal wash-down bay with collection pit, heavy duty suspended mezzanine floor, lockable storage rooms and is equipped with single and three phase power.
Amenities include a laundry/shower room, male & unisex/disabled toilet and a separate lunch room.
Construction is substantially of masonry block walls with trim deck roofing and cladding to the rear wall area in readiness for expansion to the back of the allotment where an area of approximately 900m2 has already been filled and compacted as hardstand, in anticipation for further development with services in place to accommodate this.
The property is subject to a four year lease to The State of Queensland and is utilised by The Department of Natural Resources.
Current Annual rental is $55,000 + GST with market review provisions expected to increase the existing return in year two and options to renew.
Ideal for investors or self-managed super funds seeking a quality building and Government Tennant.
For inspections and to obtain a copy of the Information Memorandum call Stacey Quaid today.