Established
Sep 2024
Property Valuation
$16.7M
Assets
Single Asset
Closed Ended
Distribution P.A. (cents per unit)
7.50c
Lettable Area
Lettable Area
8,881 sqm
91 Connors Road, Paget is a 3.1ha modern industrial facility which is fully occupied by United Group Limited (UGL), a subsidiary of Germany's largest construction company, HOCHTIEF (market cap of over €8.35 billion).

The land rich property has a low site cover (29%) and includes a total building area of 8,881 sqm across two large warehouses. The property is located in Mackay’s premier industrial precinct and offers secure income with the tenant on a triple net lease.

Assets in this Trust

Connors Road

91, Connors Road, Paget, Queensland, 4740, Australia

Date of Acquisition: September 2024

Key Tenant: UGL

Number of Tenancies: 1

Lettable Area: 8,881 sqm

Car Parks: 126