148-152 Clarke Road, CRESTMEAD, QLD, 4132

+ Brand new 12-year lease to Chevron Australia Pty Ltd until 2034 with options through to 2054.

+ Operated by Chevron Australia, a subsidiary of the Chevron Corporation, one of the world’s leading integrated energy companies, with a market cap of $257B and over 360 sites nationally.*

+ High profile 2,200 sqm* corner site within booming Crestmead industrial and residential precincts.

+ Construction completion late April 2022, allowing for outstanding tax depreciation benefits (approx. $202,330 first year tax deprecation).

+ Excellent rental increase – the greater of fixed 3% or CPI annually.

+ Tenant pays all outgoings excluding land tax.

+ Strategically positioned within Logan's $1.5 billion Crestmead Logistics Estate, the nine-stage, 157-hectare development is set to create 6,000 jobs over the next five years.

+ Surrounded by over 15 residential developments recently approved with over 3,000 new dwellings to be completed by end of 2022.

+ Surrounded by essential social infrastructure, including 12 schools within 4km servicing over 12,742 full time students.

+ The City of Logan: By 2041, population is forecast to grow by 59 per cent to over 586,000.

+ Estimated Net Rent: $305,000* pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEST) Thursday 12 May 2022

Hilton Hotel - Level 5

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