PASSIVE INDUSTRIAL INVESTMENT MACKAY
SITUATED IN MACKAYS PREMIER INDUSTRIAL PRECINCT OF PAGET, THIS PROPERTY HAS A LONG TERM INTERNATIONAL TENANT AND IS POSITIONED STRATEGICALLY TO TAKE ADVANTAGE OF CENTRAL QUEENSLANDS BOOMING COAL INDUSTRY. ZONED HIGH IMPACT, IT IS CLOSE TO RAIL AND ROAD TRANSPORT FACILITIES AND HAS EASY ACCESS TO THE BRUCE HIGHWAY. THE BUILDING IS APPROXIMATELY 14 YEARS OLD, IN SOUND CONDITION AND FEATURES INCLUDE A LARGE WAREHOUSE WITH SEPARATE OFFICE AREA, SECURITY FENCING, CRANES AND A LARGE CONCRETE HARDSTAND AREA. THE TENANT, SANDVIK, IS A MULTI NATIONAL AND A MAJOR PLAYER IN THE REGION AND HAS OPERATED THEIR MINING AND CONSTRUCTION DRILLING RIGS FROM THIS FACILITY SINCE 2001. THEY ARE COMMITTED TO THE AREA AND THE INDUSTRY.
The size of Paget is approximately 14.1 square kilometres. It has 11 parks covering nearly 6.0% of total area. The population of Paget in 2016 was 273 people. By 2021 the population was 339 showing a population growth of 24.2% in the area during that time. The predominant age group in Paget is 20-29 years. Households in Paget are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Paget work in a machinery operators and drivers occupation.In 2021, 41.50% of the homes in Paget were owner-occupied compared with 44.60% in 2016.
Paget has 886 properties. Over the last 5 years, Houses in Paget have seen a 79.20% increase in median value, while Units have seen a 117.10% increase. As at 31 December 2025:
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