Sold
160 Malcomson Street
Mackay
Retail
FULLY LEASED INVESTMENT WITH STRONG GROWTH POTENTIAL
Explore Commercial are proud to present 160 Malcomson Street for sale!
Property Features:
• Fully leased, multi-tenanted investment with 4 established tenants across 5 tenancies;
• Mix of retail, lifestyle and service based operators;
• Positioned on a corner site with incredible exposure;
• Opportunity to benefit from rental upside given the significant growth in the market;
• Gross income of $79,206 per annum*;
• WALE of 2.69 years (by gross rent).
This investment presents a compelling opportunity to acquire a fully leased, income-generating asset supported by a well-diversified tenant mix spanning retail, lifestyle, and service-based occupiers -
delivering a stable and balanced income stream. With a number of leases currently sitting below market rent, there is a clear pathway to future rental growth.
The property accommodates five tenancies across four tenants, each benefiting from contemporary glass shopfronts, open plan configurations, and convenient rear access.
Occupying a prominent corner position with outstanding exposure, the property offers a highly sought-after provision of more than 25 onsite car spaces - a distinct advantage that strengthens its
appeal to both existing and prospective tenants.
Strategically positioned near Mount Pleasant Shopping Centre - anchored by Coles, Woolworths and Kmart - and the Greenfields Precinct, the asset sits within the established catchments of North Mackay and Mount Pleasant, just five minutes from the CBD. The Mount Pleasant-Greenfields corridor is home to national brands including Amart, BCC Cinemas, Autobarn, Guzman y Gomez, KFC, Red
Rooster and Services Australia, firmly cementing the area as one of Mackay's premier and most active retail destinations.
Opportunities of this nature are rare - a fully leased, high-visibility asset offering immediate income security alongside genuine long-term growth upside.
Enquire with us today!
Property Features:
• Fully leased, multi-tenanted investment with 4 established tenants across 5 tenancies;
• Mix of retail, lifestyle and service based operators;
• Positioned on a corner site with incredible exposure;
• Opportunity to benefit from rental upside given the significant growth in the market;
• Gross income of $79,206 per annum*;
• WALE of 2.69 years (by gross rent).
This investment presents a compelling opportunity to acquire a fully leased, income-generating asset supported by a well-diversified tenant mix spanning retail, lifestyle, and service-based occupiers -
delivering a stable and balanced income stream. With a number of leases currently sitting below market rent, there is a clear pathway to future rental growth.
The property accommodates five tenancies across four tenants, each benefiting from contemporary glass shopfronts, open plan configurations, and convenient rear access.
Occupying a prominent corner position with outstanding exposure, the property offers a highly sought-after provision of more than 25 onsite car spaces - a distinct advantage that strengthens its
appeal to both existing and prospective tenants.
Strategically positioned near Mount Pleasant Shopping Centre - anchored by Coles, Woolworths and Kmart - and the Greenfields Precinct, the asset sits within the established catchments of North Mackay and Mount Pleasant, just five minutes from the CBD. The Mount Pleasant-Greenfields corridor is home to national brands including Amart, BCC Cinemas, Autobarn, Guzman y Gomez, KFC, Red
Rooster and Services Australia, firmly cementing the area as one of Mackay's premier and most active retail destinations.
Opportunities of this nature are rare - a fully leased, high-visibility asset offering immediate income security alongside genuine long-term growth upside.
Enquire with us today!
Sold
Commercial Categories
Retail
Offices
Specifications
Land
1611 SQM
Building Area
368 SQM
