Burgess Rawson is pleased to offer to the market the Caltex located at 39 Douglass Street, Clermont QLD for sale via our Investment Auction Portfolio 172.

This opportunity has the following key investment highlights:

+ Fifteen (15) year lease to 2026 plus one (1) five (5) year option to 2031
+ 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 management fees
+ Desirable annual CPI reviews
+ Strategically positioned 2,023sqm* corner site in the centre of Clermont and one of only two service stations in town
+ Favourable centre zoning allowing for a variety of future development options
+ Recently underwent total rebrand to Caltex Australia as well as $160,000 new tank-in a tank reline refurbishment completed in 2019
+ Located within 1km* of national retailers IGA and Mitre 10 and within 100m* of Leo Hotel Motel, Smart Stays Inn and Clermont Country Motor Inn
+ Surrounded by important social infrastructure, including the Clermont Hospital & 3 schools within 2km* servicing 500+ students
+ Clermont: an important rural service centre driven economically by coal mining and cattle and sheep grazing
+ Isaac Region: a thriving region known for fertile plains, rich soils and coal mines – producing $32.23billion in economic output
+ Net Income: $134,030 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 31 October 2024
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.