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Caltex Rockville, 214-216 North Street, Rockville, QLD, 4350

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Caltex Rockville, 214-216 North Street, Rockville, QLD, 4350

Rockville

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Caltex Rockville, 214-216 North Street, Rockville, QLD, 4350

Rockville

SOLD
Caltex Rockville, 214-216 North Street, Rockville, QLD, 4350

Caltex Rockville, 214-216 North Street, Rockville, QLD, 4350

Properties / Sold / Queensland / Rockville
Tenanted Investment
Selling Method
Expression of Interest
Selling Details
Closing at 4pm on Wednesday the 20th of September 2023
Land Area
3,188 m² (*approx)
Floor Area
3188 m² (*approx)
Property Type
Retail, Other, Industrial
Sub-type
Service Station
Terms
15 Year lease to 2037 + options to 2057
Est. Income
$324,450 p/a
Fully Leased
Chevron
Car Spaces
14
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Caltex Rockville
  • Leased to Chevron ($300b+ market cap)
  • 15 Year Lease to 2037 + Options to 2057
  • Net Annual Rent: $324,450*

Cushman & Wakefield is pleased to present Caltex Rockville (Toowoomba) to the market for sale via Expressions of Interest closing at 4pm on Wednesday the 20th of September 2023.

Developed in 2022, Caltex Rockville is perfectly positioned on a major northern arterial road that connects the CBD to the $1.6b Toowoomba Second Range Crossing, the forthcoming $1.3b Toowoomba Base Hospital and an abundance of other amenity including a brand-new National Storage facility and a proposed Woolworths anchored shopping centre located within a short distance from the Mort Street/North Street intersection.

The asset offers a 15-year lease to Chevron, a NYSE listed company with a market capitilisation that exceeds $300b and operates over 19,500 retail sites across 84 countries and is the owner of the Caltex Brand globally.

The property offers the following features:

• Leased to Chevron (operates over 19,500 retail sites across 84 countries)

• 15 Year lease to 2037 + options to 2057

• Outgoings are 100% payable by the tenant (excl. land tax)

• Site was developed in 2022 – Built by Beech Constructions

• Fixed 3.0% annual increases

• Located on a major arterial intersection close to major infrastructure

• Located in the heart of the Toowoomba Region – Population: 190,000+

Net Annual Rent: $324,450*

For further information or to arrange an inspection please contact Daniel Cullinane or Patrick Birchley of Cushman & Wakefield National Investment Sales.

*Approximate

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

214-216 North Street Investment Summary

Property Type
Retail, Other, Industrial
Sub-type
Service Station
Est. Income
$324,450 p/a
Tenant
Chevron
Terms
15 Year lease to 2037 + options to 2057
Land Area
3,188 m² (*approx)
Floor Area
3188 m² (*approx)
Car Spaces
14
Selling Method
Expression of Interest
Selling Details
Closing at 4pm on Wednesday the 20th of September 2023

Investment Highlights

Caltex Rockville
  • Leased to Chevron ($300b+ market cap)
  • 15 Year Lease to 2037 + Options to 2057
  • Net Annual Rent: $324,450*

Cushman & Wakefield is pleased to present Caltex Rockville (Toowoomba) to the market for sale via Expressions of Interest closing at 4pm on Wednesday the 20th of September 2023.

Developed in 2022, Caltex Rockville is perfectly positioned on a major northern arterial road that connects the CBD to the $1.6b Toowoomba Second Range Crossing, the forthcoming $1.3b Toowoomba Base Hospital and an abundance of other amenity including a brand-new National Storage facility and a proposed Woolworths anchored shopping centre located within a short distance from the Mort Street/North Street intersection.

The asset offers a 15-year lease to Chevron, a NYSE listed company with a market capitilisation that exceeds $300b and operates over 19,500 retail sites across 84 countries and is the owner of the Caltex Brand globally.

The property offers the following features:

• Leased to Chevron (operates over 19,500 retail sites across 84 countries)

• 15 Year lease to 2037 + options to 2057

• Outgoings are 100% payable by the tenant (excl. land tax)

• Site was developed in 2022 – Built by Beech Constructions

• Fixed 3.0% annual increases

• Located on a major arterial intersection close to major infrastructure

• Located in the heart of the Toowoomba Region – Population: 190,000+

Net Annual Rent: $324,450*

For further information or to arrange an inspection please contact Daniel Cullinane or Patrick Birchley of Cushman & Wakefield National Investment Sales.

*Approximate

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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Caltex Rockville, 214-216 North Street, Rockville, QLD, 4350

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Property Location of Caltex Rockville, 214-216 North Street, Rockville, QLD, 4350

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Caltex Rockville, 214-216 North Street, Rockville, QLD, 4350 Rockville
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