Joint communications and sensing functionalities integrated into the same communication network have become increasingly relevant due to the large bandwidth requirements of next-generation wireless communication systems and the impending spectral shortage. While there exist system-level guidelines and waveform design specifications for such systems, an information-theoretic analysis of the absolute performance capabilities of joint sensing and communication systems that take into account practical limitations such as fading has not been addressed in the literature. Motivated by this, we undertake a network information-theoretic analysis of a typical joint communications and sensing system in this paper. Towards this end, we consider a state-dependent fading Gaussian multiple access channel (GMAC) setup with an additive state. The state process is assumed to be independent and identically distributed (i.i.d.) Gaussian, and non-causally available to all the transmitting nodes. The fading gains on the respective links are assumed to be stationary and ergodic and available only at the receiver. In this setting, with no knowledge of fading gains at the transmitters, we are interested in joint message communication and estimation of the state at the receiver to meet a target distortion in the mean-squared error sense. Our main contribution here is a complete characterization of the distortion-rate trade-off region between the communication rates and the state estimation distortion for a two-sender GMAC. Our results show that the optimal strategy is based on static power allocation and involves uncoded transmissions to amplify the state, along with the superposition of the digital message streams using appropriate Gaussian codebooks and dirty paper coding (DPC). This acts as a design directive for realistic systems using joint sensing and transmission in next-generation wireless standards and points to the relative benefits of uncoded communications and joint source-channel coding in such systems.