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Freestanding Industrial Investment Property - Maryborough, QLD

Leased 5 years + 5 year option, yielding 9%

Maryborough, Queensland

Freestanding Industrial Investment Property - Maryborough, QLD

The standalone property with direct frontage to the Bruce Highway is leased on a five and a half year term from 01 February 2013 to national tenant CQMS Castings Pty Ltd (with a further five year option).

Key Features

* Five portal frame sheds on title (including administration offices)

* General Industry

* Exposure and frontage to Bruce Highway

* Land Area 5,717sq m

* Building area 2,064sq m

* Significant hardstand at rear

* Security fenced

* Drive In / Drive through / Drive out (incorporate ingress and egress)

The property represents a great secure investment on a long lease well positioned with direct access to the national highway.

Title Details

Lot 21 CP MCH5134

County: Canning, Parish: Maryborough

Title reference: 50155030

Site Area: 5,775sq m

Building Area: 2,054sq m

Comprising five portal frame steel colorbond sheds and office.


Tenant: CQMS Castings Pty Ltd

Term: Five years + six months

Option: Five years

Lease start date: 01 February 2013

Rental: $137,000pa (net) + Outgoings + GST

Annual increases: CPI annually

Bank Guarantee: Three months rent

Zoning: General Industry

Local Authority: Fraser Coast Regional Council

Location: Maryborough QLD

Maryborough is one of the oldest and largest provincial cities in Queensland situated on the Mary River and the Bruce Highway, approximately 260kms (three hours drive) north of Brisbane, between Noosa and Hervey Bay.

Settled in 1834, Maryborough was originally a port supply city for the Gympie Goldfields and today is an important commercial service and administrative centre for surrounding regions.

Major industry and commerce in the Maryborough locality include:

* Forestry and milling and related timber industries

* Sugar growing and processing

* Engineering and manufacturing services to the rail, sugar and mining industries

* Government and commercial services including health (Maryborough has both public and private hospitals)

* Education (TAFE and in excess of 14 schools)

Maryborough's trade area is extensive extending approximately 30kms on the Bruce Highway and part of the Fraser Coast Regional Council.

The property is located on the western side of Maryborough fronting the Bruce Highway, with the very tightly held Queensland State Government developed industrial estate known as 'Moonaboola'. Moonaboola is an approximate 40 lot estate, approximately 7kms northwest of the Maryborough CBD. The estate has been sold and built out over time with only three lots remaining for sale through Queensland Department of State Development, Infrastructure and Planning.

Location continued

* Hyne Timbers

* Stramit

* Apex Masonry

* Austral Timber Group

* Wade Transport

* Cahill Timber

* ISM Manufacturing

* Q Coat

* Sent Air Products

33 Enterprise Street comprises five structures as follows:

* Office / workshop: 475sq m

* Machine shed 823sq m

* Small maintenance shed: 180sq m

* Small storage shed: 180sq m

* Large storage shed: 396sq m

Refer layout plan below

The site is a gently sloping parcel of land, fully fenced and secure with direct access from Enterprise Street (service road which runs parallel to the Bruce Highway).

The five buildings are portal frame steel construction with color-bond sheeting and concrete slab floors. Hardstand and driveways are improved with compacted gravel base. The office adjoining the 475sq m building is of timber construction with metal roof.

Both ingress and egress crossovers into the property are con-crete.

Tenant Description

CQMS (Central Queensland Mining Supplies) was founded by Meyer's family in Queensland's Bowen Basin in 1979. Growing from a small reseller of wear parts into a leading international business, CQMS have built success on the quality of its people and commitment to continual improvement.

CQMS is located in Mackay, Maryborough, Brisbane, Newcastle, Adelaide and Perth and overseas in three locations throughout China, three locations in North America, Canada and Europe.

Innovation has continued to drive new products setting International standards for mining machine productivity and performance, among early design was the unique modular Razer Grader blade system and Earth Eater dragline bucket.

CQMS advances in product development spearheaded the growth of in-house productivity and supply capacity. As capacity grew CQMS has reached new regions and mining markets strengthened by a number of strategic acquisitions of organisations including Razer Industries, the Mason and Cox / Hensley Aust. / PAC Mining Group of companies, Walkeus Foundry and CQM&E.


Commercial Links / Tools

Last updated: 8th October 2016


Property Type
Contract Type
For Sale
Leased 5 years + 5 year option, yielding 9%
  • Industrial/Warehouse

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