Sentinel increases Mackay portfolio to $200m
May 16, 2016
Property Review Australia
Sentinel Property Group has acquired an industrial property in Mackay for $6.5 million, boosting its interest in the region to $200 million.
The property located at 37-39 Interlink Court Paget is fully leased to global engineering group Sandvik until May 2020 with a five-year option. The property has a total lettable area 4,671 sqm, representing only 22% of its total site area of 21,000 sqm. The sale of the Paget industrial property was negotiated by Stewart Gamblin of Colliers International.
Property Review Australia
Sentinel Property Group has acquired an industrial property in Mackay for $6.5 million, boosting its interest in the region to $200 million.
The property located at 37-39 Interlink Court Paget is fully leased to global engineering group Sandvik until May 2020 with a five-year option. The property has a total lettable area 4,671 sqm, representing only 22% of its total site area of 21,000 sqm. The sale of the Paget industrial property was negotiated by Stewart Gamblin of Colliers International.