$10,000,000

In a recent move that underscores growing investor confidence in Central Queensland’s commercial real estate market, a local property group has acquired a $10M retail property in the bustling bulky goods precinct of Paget, near Mackay.

This deal marks a significant milestone for both buyer and seller, with strong tenant occupancy and promising vacancy potential making it an attractive passive investment opportunity.

Originally developed by the vendor, this property has stood the test of time as a reliable income-generating asset. Its sale signals a shift in ownership but not necessarily in management or operation, given the new owner’s intention to hold long-term.

As Mackay continues to evolve into a key industrial and commercial hub in North Queensland, properties like this one at Paget offer compelling opportunities for savvy investors.