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3201 Old Cleveland Road, Chandler, QLD, 4155
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3201 Old Cleveland Road, Chandler, QLD, 4155

2. Property Highlights

SUPER-TRADING BRISBANE SERVICE CENTRE - 40,000* CARS/TRUCKS & TOURISTS DAILY
  • 10.96 year* WALE
  • 59% of income from Chevron FORTUNE500
  • PUMA to be rebranded CALTEX IN 2022

PUMA CHANDLER SERVICE STATION

• Securely anchored by Chevron Corporation (Puma) on a brand-new 15-year lease.

• Prime position along Old Cleveland Road, which carries 40,000 cars* daily past the centre.

• Premium location just 16 km* from the Brisbane CBD, situated within a major retail precinct.

• Exceptionally strongly-trading, outpacing its closest competing service station by 600%.

• Excellent income growth with all tenants on net leases paying rent reviews of 3.0%.

• Numerous major arterial feeder roads funnel traffic to the centre, travelling from Capalaba, Alexandra Hills, Cleveland, and Redland Bay.

• Long WALE of 10.96 years* by income with all tenants on lease terms of 10 years or more.

• Key strategic position at the gateway to Brisbane’s eastern suburbs.

• Near-new service station completed in late 2019 with excellent depreciation benefits.

• Net Income $658,956 p.a.
*Approx.

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 25 AUGUST 2021 AT 4.00PM (AEST)

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3. Property Location

3201 Old Cleveland Road, Chandler, QLD, 4155

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4. Due Diligence

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3201 Old Cleveland Road, Chandler, QLD, 4155 Chandler
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