UGL, Industrial Heavy Engineering Facility
Mackay
Case Study - Industrial
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UGL, 91 Connors Road, Paget, Mackay
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Industrial Heavy Engineering Facility - 30,900m2 of land with 8492m2 of buildings comprising two large industrial warehouses with multiple large gantry cranes as well as office accommodation for technical and administrative staff. The tenant, UGL, is a subsidiary of CIMIC, a ASX Top 100 listed company providing construction, engineering and maintenance services to the infrastructure, resources and property sectors. The UGL Mackay facility focusses on maintenance work for the coal mining, electricity, CSG / LNG and rail sectors.
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Acquired mid 2016
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Mackay, Queensland, Australia
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AUD $10.616 million
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60% LVR, Variable at 3.80%, non-recourse
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9.22%
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15.0% p.a. (paid monthly)
