Caltex, 277 Gympie Road,
Kedron, QLD 4031
Shops & Retail • Other
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$270,572
Number of Tenants
1 Tenant
Tenants / Type
Caltex
Private inspections
to arrange a private inspection.
Burgess Rawson - Brisbane
Level 13, 241 Adelaide StreetBRISBANE CITY, QLD 4000
Caltex, 277 Gympie Road
Kedron, QLD 4031
Map of Caltex, 277 Gympie Road
Train stations within 5 km of Caltex, 277 Gympie Road, Kedron, QLD 4031 Distance Wooloowin Station 1.8 km Eagle Junction Station 1.9 km Albion Station 2.6 km Toombul Station 2.6 km Clayfield Station 2.7 km POWERED BY HERE ©Bus stops within 5 km of Caltex, 277 Gympie Road, Kedron, QLD 4031 Distance Gympie Rd at Sadlier Street 18 m Leckie Rd Near Sadlier St 162 m Gympie Rd at Cremorne Rd 269 m Leckie Rd Near Sixth Ave 275 m Leckie Rd Near Eleventh Ave 319 m POWERED BY HERE ©
POWERED BY HERE ©
Rare Land Rich Metro Brisbane Convenience Retail Investment | 18 Year Lease to Chevron Corporation
- 18 year lease plus opts to 2075
- Chevron: market cap. $430 billion*
- Land tax recoverable
Burgess Rawson is pleased to offer to the market the Caltex located at 277 Gympie Road, Kedron QLD for sale via Offers to Purchase.
This opportunity has the following key investment highlights:
+ Eighteen (18) year head office net lease to Chevron to July 2035 plus four (4) further ten (10) year options to 2075
+ Chevron Corporation (NYSE: CVX): major international energy company, with a market cap of $430 billion
+ Caltex Australia: a subsidiary of Chevron Corporation with over 360 convenience retail sites nationally and growing
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, insurance, and land tax
+ Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment plus site remediation
+ Strong and certain rental growth with annual, fixed compounding 3% increases
+ High exposure 1,604sqm main road landholding underpinned by high underlying land value & favourable ‘Neighbourhood Centre’ zoning allowing for future development upside
+ Expansive frontage to key four lane arterial Gympie Road linking to the CBD with over 455,000* vehicles passing weekly
+ Exceptional inner city retail corridor with Westfield Chermside, Coles, ALDI, Bunnings, JB Hi-Fi, KFC, Starbucks, Toyota & Hungry Jack’s all within 2km*
+ Strategically positioned within a booming metropolitan growth corridor with 92,600+ residents plus 53,963 motor vehicles within a 3km radius*, ensuring the strong trade of the tenant
+ The surrounding area benefits from essential social infrastructure including 29 schools servicing 18,830 + full-time students within a 3km radius*
+ Kedron: highly desirable inner-city suburb, only 6.5km* to the bustling Brisbane CBD. Median house price in Kedron has increased by over 21.6% in the last 12 months with household income over 26.2% higher than the state average
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Estimated Net Income: $270,572 pa* + GST
For Sale via Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
This opportunity has the following key investment highlights:
+ Eighteen (18) year head office net lease to Chevron to July 2035 plus four (4) further ten (10) year options to 2075
+ Chevron Corporation (NYSE: CVX): major international energy company, with a market cap of $430 billion
+ Caltex Australia: a subsidiary of Chevron Corporation with over 360 convenience retail sites nationally and growing
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, insurance, and land tax
+ Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment plus site remediation
+ Strong and certain rental growth with annual, fixed compounding 3% increases
+ High exposure 1,604sqm main road landholding underpinned by high underlying land value & favourable ‘Neighbourhood Centre’ zoning allowing for future development upside
+ Expansive frontage to key four lane arterial Gympie Road linking to the CBD with over 455,000* vehicles passing weekly
+ Exceptional inner city retail corridor with Westfield Chermside, Coles, ALDI, Bunnings, JB Hi-Fi, KFC, Starbucks, Toyota & Hungry Jack’s all within 2km*
+ Strategically positioned within a booming metropolitan growth corridor with 92,600+ residents plus 53,963 motor vehicles within a 3km radius*, ensuring the strong trade of the tenant
+ The surrounding area benefits from essential social infrastructure including 29 schools servicing 18,830 + full-time students within a 3km radius*
+ Kedron: highly desirable inner-city suburb, only 6.5km* to the bustling Brisbane CBD. Median house price in Kedron has increased by over 21.6% in the last 12 months with household income over 26.2% higher than the state average
+ Brisbane City: the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Estimated Net Income: $270,572 pa* + GST
For Sale via Offers to Purchase.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property ID: 504699304Last Updated: 6 Nov 2024
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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