JLL Retail Investments Market for Sale a Prime 1.53ha Retail, Repositioning Site in the Mackay CBD

JLL Retail Investments presents to market 25 Brisbane Street, Mackay, offering a unique opportunity to acquire a land-rich 1.53Ha site in the middle of the Mackay Central Business District. 

The existing hardware outlet, formerly Porters Mitre 10 Mackay, is being offered with vacant possession, creating an ideal opportunity for developers and investors to transform the site into its highest and best use. 

JLL’s Liam Cox, Ned McKendry, and Jacob Swan have been appointed to sell the 1.53Ha property via an Expressions of Interest campaign. 

Liam Cox said, “25 Brisbane Street offers an exceptional repositioning opportunity in the heart of one of Queensland’s fastest-growing regional cities. This is the first time the property has been offered for sale since it became the company’s headquarters in 1883.” 

Ned McKendry added, “The asset benefits from Principal Centre Zoning, functioning as the region’s primary business and employment centre. This zoning allows for a diverse range of uses, including short-term accommodation, hotels, multiple dwellings, community use, shops, offices, and food & drink outlets.” 

The site features 8,076 sqm of Gross Lettable Area on a total site area of 10,530 sqm, with 165 car parking spaces. Its central location in the Mackay CBD, just 950km north of Brisbane, positions it perfectly for redevelopment. 

“This is a generational opportunity to acquire a significant landholding in Mackay’s CBD. The site’s potential for mixed-use development, high-density residential, or continued retail use makes it an attractive proposition for visionary investors and developers,” Mr McKendry added. 

Expressions of Interest for 25 Brisbane Street, Mackay close at 2pm (AEST) on Thursday, 10th April 2025.