247 Trower Road, Casuarina NT
Current Net Distribution 7.00% P.A.
2 - 6 Trade Court, Mount Pleasant QLD
Current Net Distribution 7.25% P.A.
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.