2-4 Empire StreetPaget QLD 4740
Property Details for 2-4 Empire St, Paget
Last Listing description (March 2023)
Stonebridge National Investment Sales is pleased to present to the market United Paget (Mackay) for sale via Expressions of Interest Closing Friday 28 October at 3pm (AEDT).
The asset has the following key investment features:
- Brand new 12 year lease to 2034 + options to 2064
- United & Pie Face - Blue chip fuel & convenience retailer operating circa 465 sites nationally
- Brand new improvements providing substantial initial depreciation benefits with up to 70%* of the first year's income tax deferrable
- Substantial 8,399 sqm corner site, boasting 76 metres of direct frontage to Bruce Highway (25,788+ vehicles daily)
- Well configured truck stop offering with dedicated heavy vehicle parking and high-canopy diesel forecourt plus drive-thru Pie Face
- Prime position within high performing Paget logistics precinct - the largest mining services industrial precinct in the southern hemisphere, home to over 500 mining and manufacturing businesses as well as major national retailers including Bunnings, Sydney Tools, Total Tools, RSEA, Beaurepaires and Repco
- Mackay - Thriving regional centre home to 117,900+ residents*, possessing a diverse $17.16 billion* economy supported by globally recognised resource & engineering sectors, as well as agribusiness, construction, logistics, education & tourism
- Fuel Tanks & Lines become the property of the tenant in Year 2 of the lease
- Net lease - tenant pays all usual outgoings as per lease
- Fixed 2.5% annual rent increases
- Estimated Net Income of $426,275 pa* + GST
*Approximate
United Paget (Mackay) is for sale via Expressions of Interest Closing Friday 28 October at 3pm (AEDT).
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 506
Property History for 2-4 Empire St, Paget, QLD 4740
- 26 Sep 2022Listed for Sale Contact Agent
- 25 Jun 2021Sold for $2,200,000
- 02 Jul 2019Sold for $2,420,000
Recent sales nearby
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0About Paget 4740
The size of Paget is approximately 14.1 square kilometres. There are 11 parks, covering nearly 6.0% of the 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 887 properties. Over the last 5 years, Houses in Paget have seen a 89.91% increase in median value, while Units have seen a -7.54% decrease. As at 31 May 2026:
- The median value for Houses in Paget is $663,690 while the median value for Units is $243,877.
- Houses have a median rent of $48,000 while Units have a median rent of $495.
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